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XRP Price Eyes Breakout: Will It Recover Lost Ground?

  • XRP price is consolidating above the $0.5080 support level.
  • The price could gain pace if it clears the $0.5450 resistance zone in the near term.
  • There is a key bearish trend line forming with resistance at $0.5450 on the hourly chart of the XRP/USD pair.
  • If XRP fails to clear the $0.5450 resistance zone, it could start another decline.

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