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Home›Crypto›Altcoins›XRP gives back recent gains as bounce hits a trading w…

XRP gives back recent gains as bounce hits a trading wall

After a vertical rebound, XRP slipped back, with charts indicating the rally ran into a resistance level.

Reported · Written up by our desk · Altcoins

Decrypt reports that XRP has cooled after a vertical recovery that had lifted the token over two consecutive days.

The outlet says XRP has since surrendered those gains, suggesting traders encountered selling pressure as the rebound stalled.

According to Decrypt, technical charts show the move essentially met a wall, leaving investors to look for the next support or breakout area.

Latest closeXRP $1.439 ▼2.7%

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Sources

DecryptXRP Hot Streak Cools as Traders Hit a Wall: Where Does It Go Next?

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