Is XRP Price Heading for a Crash?

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XRP is currently stuck in a tricky situation as its price struggles to pick a clear direction. After a small rally earlier, the token has faced strong resistance and is now moving sideways, raising concerns about whether a price drop could be on the way.

Key Resistance Level at $2.30

On the XRP price chart, a clear upside breakout hasn’t appeared yet since the recent pullback started on July 3rd. There is a strong resistance trendline around the $2.30 level. This area has rejected XRP several times in the past, on May 24, May 27, June 16, June 30,…



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Is XRP Price Heading for a Crash?


XRP is currently stuck in a tricky situation as its price struggles to pick a clear direction. After a small rally earlier, the token has faced strong resistance and is now moving sideways, raising concerns about whether a price drop could be on the way.

Key Resistance Level at $2.30

On the XRP price chart, a clear upside breakout hasn’t appeared yet since the recent pullback started on July 3rd. There is a strong resistance trendline around the $2.30 level. This area has rejected XRP several times in the past, on May 24, May 27, June 16, June 30,…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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