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XRP’s Pric...
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TronWeekly

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XRP’s Price Struggles: Could a 25% Drop Be Coming Soon?

  • XRP’s price is currently supported by the 21-day and 33-day SMAs, aiding in maintaining upward momentum amidst market fluctuations.
  • Concerns arise as over 70% of XRP’s total value originates from holders who purchased between late 2024 and early 2025, indicating potential market volatility.
  • XRP is facing price struggles within a falling wedge pattern, with a possible 25% drop looming towards the 50-week EMA at $1.76.
  • Despite recent positive trends, analysis suggests a price decline might be imminent for XRP, emphasizing the importance of monitoring key support levels.

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