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Ripple Price Forecast: Signs of bearish reversal emerge as XRP Ledger’s active addresses plunge
Ripple (XRP) remains highly vulnerable to downside risks as the broader cryptocurrency market consolidates while on the edge amid geopolitical tensions in the Middle East. Meanwhile, the price of XRP hovers at around $2.20, down nearly 1.5% at the time of writing on Tuesday. The downturn from XRP’s recent peak of $2.34 coincides with a sharp decline in the network’s activity, particularly in the number of active addresses, which plummeted 84% to 100,000 in under three days. The downside risks preventing the XRP price from extending the uptrend remain largely limited between the key support level around $2.09 and ... (full story)
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