XRP Struggles to Maintain Momentum as Bullish Trend Stalls Near 2.60 USDT
XRP appears to be losing steam after a solid run earlier this month. The price is now trading around 2.25 USDT on Binance, with signs of fading upward momentum and increased selling pressure. While the overall trend since early April has been bullish, the token is now consolidating and showing signs of weakness below recent highs.
According to current data, XRP reached a high of approximately 2.60 USDT in mid-May but has since pulled back, forming lower highs in the short term. The price action suggests hesitation among buyers as trading volume also shows a slight decline compared to the earlier rally.
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