Ripple ($XRP ) Price Shows Sell Signal Despite Breaking Above Crucial Support

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Ripple (XRP) price has reclaimed the crucial $0.55 support level after briefly losing it on Sunday. If this recovery is supported by an increase in buying pressure, it could boost XRP’s chances of reaching higher price levels.

However, on-chain indicators suggest that this scenario may not play out as expected. As the price struggles to maintain its position above this critical threshold, the future of XRP remains uncertain.