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Crypto Express

07/13 04:50

XRP Price action


From September 2022 to the beginning of 2025, XPR had traded below the $0.00278 resistance. It had tested the $0.00082 level multiple times since 2023, marking the accumulation phase’s low for over a year.

The swift rally in January meant that a breakout was truly underway. This idea was reinforced by the repeated retests of the $0.00278 former resistance as support.

The consolidation of nearly six months was followed by another breakout past the descending trendline resistance. However, the weekly volume was not as high as it had been in November 2024 or January 2025.

This could give long-term investors some pause about the legitimacy of the current move.

The consolidation of nearly six months was followed by another breakout past the descending trendline resistance. However, the weekly volume was not as high as it had been in November 2024 or January 2025.

This could give long-term investors some pause about the legitimacy of the current move.XPR-1-week-Chart-768x430.png

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