XRP continues to struggle to build a meaningful recovery as the cryptocurrency remains trapped below a key cluster of moving averages. The token is currently trading near $1.12, after once again failing to break above the 26-day EMA at $1.14 and the 50-day EMA at $1.15, highlighting persistent selling pressure. The price chart also shows a well-defined descending resistance trendline that has capped every rally attempt since July. While XRP has managed to hold above the important $1.00 psychological support level, buyers have yet to generate enough momentum to reclaim higher resistance zones… Read more
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