🔻 Ripple's Struggle Continues: 5% Dip with Weak Support! 🔻

Ripple $XRP faced a tough week, dropping by 5% after failing to maintain its hold above the 54-cent mark, which now acts as resistance. If buyers don’t step in soon, XRP may slide further to the next key support at 48 cents.

One of XRP's major challenges is low trading volume, which has been in decline since its local high in March 2024. This drop has made any attempts at breakouts weak, with sellers swiftly taking control whenever XRP approached 60 cents.

Looking forward, the sentiment remains bearish. If buyers manage to halt the descent at 48 cents, there’s a chance for a rebound—potentially taking XRP back to challenge the 54-cent resistance.

❓ Do you think XRP has the momentum to bounce back, or will it break further down?

Source: Crypto Potato, Duo Nine