XRP has retreated from its recent high of $1.698 to hold ground around a crucial support zone between $1.31 and $1.38.
This area saw over 4.8 billion tokens previously purchased, making it a key indicator for the cryptocurrency's next move.
A strong rally above $2 is still possible if XRP can break through this resistance level, but significant hurdles around $1.86 would need to be overcome first.
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