US EditionXRP Faces Key Test at 200 EMA as Breakout or Breakdown Looms
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XRP Faces Key Test at 200 EMA as Breakout or Breakdown Looms
XRP is approaching a critical point as it hovers near the 200-day Exponential Moving Average (EMA), a historically strong support level, now positioned just above $2.15. The assets current price action suggests this level is under pressure, with a descending trendline capping recent upward moves and creating a tightening wedge. A decisive breakout or breakdown is imminent. The ongoing battle between the 200 EMA and the descending resistance is a…
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