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XRP rises above $1.10, eyes $1.20 resistance with potential rally to $1.25

Technical Signals
08 Jun 2026, 10:06 WIB
Blockonomi
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Bullish
XRP rises above $1.10, eyes $1.20 resistance with potential rally to $1.25

XRP has climbed to $1.12, up 1.82% in 24 hours, breaking key resistance at $1.10 and the 23.6% Fibonacci retracement level. The cryptocurrency now faces critical resistance at $1.1720 and $1.2080, with a possible rally toward $1.2450 if these levels are surpassed. Technical indicators show mixed signals, with bearish momentum still present but selling pressure easing. Analysts suggest $0.90 as a strong accumulation zone for long-term investors, while downside support levels include $1.1250 and $1.110 if upward momentum falters.

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