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Tuesday

26 January 2021

XRP Begins Breaking Down as Technical Weakness Weighs Heavy

XRP Begins Breaking Down as Technical Weakness Weighs Heavy


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If it breaks above this level, then the crypto could soon see some massive momentum that creates another leg higher.

One trader spoke about XRP’s price action and market structure in a recent tweet, explaining that some serious warning signs seem to indicate downside could be imminent for the already embattled cryptocurrency.

This weakness comes despite the upcoming airdrop that has been widely looked upon as a bullish catalyst – a trend that may be emblematic of this recent rally being purely based on speculative trading activity.

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