VIP MARKET UPDATE: $XRP
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After breaking the multi-month descending trendline, price accelerated strongly and reclaimed the $2.17 area, which previously acted as a key resistance. The pullback we’re seeing now is a reaction, not a rejection.
As long as XRP holds above this reclaimed level, the structure remains constructive. This looks like a classic breakout → expansion → consolidation sequence, with former resistance now acting as support.
Momentum cooled slightly, but control has shifted away from sellers.
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- Binance Killers®
- Sent via TeleFeed