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XRP Dives Below First Support at $1.53, Focusing on $1.42-$1.43 Range

Guavy AI Editorial Team
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XRP
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XRP has slipped below its first support level at $1.53, a Fibonacci retracement, and is now focusing on the next two support zones.

The cryptocurrency traded near $1.48 on CoinMarketCap data after slipping below the mentioned retracement, with attention shifting to the lower chart areas where Fibonacci levels overlap with XRP's existing structure.

The 38.2% Fibonacci retracement lies near $1.42-$1.43, which combines with rising diagonal support in this area, making it a crucial test for the September recovery.

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