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Monday, May 12, 2025

XRP Is in Serious Trouble After Losing Important Support: Crypto Market Review, September 1 - U.Today

Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of U.Today. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.
Despite the stalemate on the market, we are seeing a diverse dynamic among digital assets on the market today as some assets like XRP are losing local support levels, or old classics like Litecoin are returning to the top of the most profitable assets on the market.
XRP is facing serious problems
Despite the brief success of Ripple in the court and relatively calm performance on the market, XRP lost the local support level, which should have been the foundation of a potential future rally.
The trendline we discussed previously was present on numerous assets across the market, and XRP was no exception. The trendline formed back in July...



Read Full Story: https://u.today/xrp-is-in-serious-trouble-after-losing-important-support-cryp...

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