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XRP Drops to New Low

XRP has recorded a liquidation imbalance of $9.57 million over the past 24 hours, with long positions accounting for $9.27 million. The current price of XRP is $1.16, down 1.81% from the previous day. The market cap has declined to $72.7 billion, and the open interest is at $1.37 billion. The price is close to the local bottom, with the weekly chart indicating a further downtrend. The last support level is at $1.15, and the immediate resistance level is at $1.20.

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