XRP continues to trade within a well-defined bearish channel, as prices struggle to regain upward momentum after several rejections from lower highs. The asset is oscillating just above the support zone but remains below all major moving averages, indicating that sellers are still in control of the higher time frame trend. The RSI is still below the neutral level, which reflects weak buying pressure.

XRP3.14%
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GateUser-13b08246
· 07-13 17:48
XRP continues trading within a clearly defined down channel, as prices struggle to regain bullish momentum after several rejections from lower highs. The asset hovers slightly above the support zone, but remains below all major moving averages, indicating that sellers still control the higher-timeframe trend. In addition, the RSI remains below the neutral level, reflecting weak buying pressure.
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