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🎉 Gate 2025 Gala | Year-End Selection
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Ripple (XRP) Coin Review
The weekend is here and XRP Coin investors are also hoping for a real rally in the coming days due to the BTC rise. The failure of XRP to stay above the overhead resistance of $0.56 on June 13 enabled short-term investors to turn to profit selling.
Although the price dropped below the 50-day SMA ($0.47) on June 14 and 15, it did not close at this level. XRP Coin price could drop to $0.41 if the price stays below the 50-day SMA. But the current outlook for BTC weakens the worst case scenario. If the bulls want to make a reversal, they will have to quickly push the price above the 20-day EMA. The pair could retarget the $0.56 resistance later.
Future news about the case may cause faster-than-expected moves. Investors have been waiting for this snake story to end for months since the summary resolution agreement.
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