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XRP price action is weakly buying and selling which has led to a decline in the market. The market sentiment is now bearish.
XRP is putting pressure on the market. Due to which XRP price is constantly firmly below the important moving average in the $1.85-$1.90 range. The 50-, 100- and 200-day moving average levels act as additional resistance as they are all overhead and downtrending. XRP is structurally trapped in a falling channel.