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$XRP Market Analysis
- Current Price: $0.5305 (+0.30%)
- Struggling to break through 50 EMA ($0.53) and establish a foothold above it
- Failure to overcome this resistance level raises the risk of a further correction
- Bollinger Bands show no expansion, suggesting consolidation
- Relative Strength Index (RSI) at 52.31, indicating neutrality
- Key resistance levels: $0.55 and $0.61
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