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XRP Tests Ascending Triangle Resistance – Can Bulls Reach $2.40 Level?

  • XRP has rebounded sharply, posting a 32% gain from last Monday’s low, outperforming many altcoins.
  • Technical analysis shows that XRP is trading within an ascending triangle pattern and $2.22 is the critical resistance level to watch.
  • XRP is holding key support levels and could indicate a potential shift in trend, with the next major hurdle at the $2.60 supply zone.
  • Traders are closely watching XRP's ability to maintain momentum and volume to challenge higher resistance levels.

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