XRP has formed a death cross on its hourly chart, signaling potential bearish pressure. However, the cryptocurrency has defied this trend with a price rebound, remaining resilient amid profit-taking after reaching a peak of 2.28 USD.
Following its drop to 2.06 USD, XRP quickly reversed course, showcasing bullish activity. The significant trade volume increase indicates strong market interest, with traders now closely monitoring key price points to determine the next movements.
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