XRP faces setback, and it might get worse
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One of the most notable observations in XRP's price action is its fall below the local support level. This descent is particularly concerning as support levels act as a safety net for assets, preventing them from free-falling. Once breached, these levels can turn into resistance, making it challenging for the asset to climb back up.Adding to the bearish narrative is the EMA squeeze that we highlighted in a previous article.
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