$XRP Latest Update

XRP saw a sharp rally earlier this week, breaking out of a long-term triangle pattern and reaching as high as $3.64 before facing resistance. This surge was driven by institutional accumulation and renewed interest following U.S. regulatory clarity. However, recent data shows over $2.8 billion worth of XRP moved to exchanges, suggesting potential short-term selling pressure. Currently, XRP is consolidating around $0.61. Traders should watch for support near $0.58 and resistance at $0.65. Long-term outlook remains bullish if price holds key levels.

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