Ripple Price Analysis: Calm Before the Storm for XRP After 6.5% Weekly Decline?

October 28, 2024

in Crypto

Reading Time: 2 mins read

Ripple has encountered intense selling pressure near the key resistance zone, defined by the 100 and 200-day moving averages around the $0.55 mark.

This has led to a sharp rejection and subsequent decline. The asset now hovers near a crucial support region, which could trigger a period of sideways consolidation.

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Ripple Price Analysis: Calm Before the Storm for XRP After 6.5% Weekly Decline?

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