XRP is approaching one of its most important psychological support levels as bearish momentum continues to dominate the market. After failing to sustain its latest recovery, the cryptocurrency has broken below a tightening symmetrical triangle pattern and is now trading near $1.06, placing the key $1.00 support level in focus. The recent breakdown confirms a shift toward bearish sentiment after several days of price consolidation between converging trendlines. While symmetrical triangles can result in either bullish or bearish breakouts, XRPs move lower was accompanied by increased selling… Read more
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