XRP Reaches Pivotal Support Level: Will It Bounce From Here?

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XRP Reaches Pivotal Support Level: Will It Bounce From Here?
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$XRP hits strong support level but if it doesn't hold, the asset will certainly face numerous problems

However, a trading volume spike on Monday might lead to an acceleration of the downtrend. If this happens, it could cause XRP to break through the pivotal support level and continue its downward trend.Despite all the challenges, some analysts believe that XRP could still have a bullish outlook in the long term. The asset has a strong following and is widely used in the financial industry.

At press time, XRP is trading at $0.35 and still moving in the aforementioned formation, and will most likely continue to do so up until the market decides its faith for the foreseeable future.

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