The XRP price has been facing challenges in breaching critical resistance levels and recently dropped below a key support level. The sentiment around XRP has been impacted by a high volume of long liquidations, reflecting uncertainty among traders. This has added downward pressure on XRP and weakened bullish sentiment. Technical indicators like the Relative Strength Index (RSI) indicate a lack of bullish momentum. XRP has shown a slight recovery but needs to hold above $0.52 to continue its upward trajectory. Breaking past the $0.55 barrier could offer a more favorable outlook for XRP and potentially lead to a price of $0.60.



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