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XRP Currently Facing Descending Channel Resistance on Its Path to $2.5 and $4

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XRP Currently Facing Descending Channel Resistance on Its Path to $2.5 and $4

XRP must first breach its long-standing descending channel resistance before it can break the current downtrend and recover toward new all-time highs. The broader crypto market has faced a roadblock to the latest recovery campaign, as Bitcoin (BTC) collapses below the $70,000 mark.

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