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XRP Faces Further Price Pressure

XRP has formed a death cross on the daily chart, with the 50-day average below the 200-day average near $1.37. The price is currently at $1.30 and has declined by approximately 15% over the last 30 days, 29% since the start of the year, and 48% over the last year. The next support levels are $1.25 and $1.15, while the next resistance level is $1.33. The trend favors sellers, and a strong close above $1.40 is needed to change the trend.

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