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XRP nears key $1 support amid bearish momentum and potential further decline.

Technical Signals
29 Jul 2026, 04:51 WIB
Tokenpost
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Bearish
XRP nears key $1 support amid bearish momentum and potential further decline.

XRP is approaching a critical $1 support level after breaking below a symmetrical triangle pattern, signaling bearish momentum. The cryptocurrency is trading below key moving averages, indicating a sustained downtrend, with increased selling volume reinforcing the decline. If XRP falls below $1 decisively, it could drop further to around $0.95, while reclaiming the 20-day EMA near $1.10 is necessary for any bullish reversal. Market participants are closely watching whether XRP can hold this psychological support or continue its downward trend.

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