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Crypto

XRP Faces Selling Pressure After Breakout, Targets Up to $13

Guavy AI Editorial Team
Instruments
BNB XRP
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XRP's recent price recovery has met fresh selling pressure despite its breakout to nearly $1.70 from below $1.00 in a month, according to the latest data from CryptoQuant.

The token now trades at $1.37, while Binance's Taker Buy/Sell Ratio stands at 0.92, indicating more selling activity than buying activity among derivatives traders.

Crypto analyst Celal Kucuker sees a bullish breakout in XRP's price chart, with targets of $2.50, $3.50, $6, and eventually $13 if the token continues higher.

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