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XRP Price Under Pressure as Market Volatility Grows
- XRP price experienced a 7.52% drop, reaching an intraday low of $2.09.
- Trading volume surged by 165%, indicating increased investor activity.
- On-chain activity for XRP decreased, reflecting lower user engagement and potential impact on market sentiment.
- Analysts remain optimistic about XRP's long-term potential, with a head-and-shoulders pattern forming on the price chart.
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