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Ripple Price Analysis: Is XRP’s Rally Running Out of Steam After Latest Rejection?
• XRP has reacted strongly from its major support zone, but recent price action indicates a critical phase with cooling momentum after a breakout into resistance.
• The asset remains below the 100-day and 200-day moving averages, with key support at $1.05 to $1.15 and resistance around $1.3K.
• Consolidation above the breakout area of $1.13 to $1.16 is crucial for maintaining bullish momentum, while failure to hold could lead to a deeper retracement.
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#MyGateTradeStory #TradFiCFDGoldMasters #PredictWorldCup🏴vs🇭🇷