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XRP shows stabilization after 8% drop amid resistance and support challenges

XRP experienced an 8% drop but rebounded by 6% recently, indicating possible stabilization. The Relative Strength Index (RSI) is at 46.5, moving away from oversold levels, reflecting reduced selling pressure and an attempt at price stabilization.

Currently, XRP is trading between 1.96 USD support and 2.13 USD resistance. If it surpasses 2.13 USD, it could aim for 2.33 USD and possibly 2.53 USD. Conversely, breaking below 1.96 USD may lead to a decline towards 1.63 USD.

This is community-generated content, not advice from ONUS.
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