XRP hovers above crucial support. Will sluggish bullish momentum continue? Analyzing price action, exchange flows, and market sentiment.
hovered just above a key support level of $0.5664 at press time, according to AMBCrypto’s look at TradingView’s chart.
As of this writing, the price was building bullish momentum, surging by 2.3% since its rejection from the support level.According to AMBCrypto’s analysis of the liquidation heatmap data, concentrations of positions were mostly spotted within the $0.56–0.58 range.
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