XRP Price Analysis: Is a Drop Below $1 Inevitable as Sellers Stay in Control?
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Ripple's XRP is under steady selling pressure as recent rebound attempts lose momentum, with sellers forcing buyers to defend a critical support level on the daily chart. The token remains below a descending resistance trendline and well under major moving averages, preserving a broader bearish market structure and implying downside risk for crypto price and adoption.
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Ripple’s XRP remains under steady selling pressure as the latest rebound attempts continue to lose momentum. The recent price action suggests sellers are maintaining control, while buyers are once again being forced to defend a critical support area.
Ripple Price Analysis: The Daily Chart
The daily chart shows little improvement compared to the previous analysis. The asset continues to trade beneath the descending resistance trendline while remaining well below the major moving averages, preserving the broader bearish market structure.
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XRPL’de günlük ödeme hacmi 1 milyar XRP’yi aşarken fiyat baskısı sürdü
