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XRP Price Analysis: Sellers Maintain Control as Buyers Struggle to Reclaim Support

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XRP
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Ripple's XRP continues to trade under selling pressure as buyers struggle to reclaim control.

The asset remains below the descending resistance trendline and major moving averages, preserving a bearish market structure.

The recent price action shows sellers maintaining control after another failed recovery attempt, pushing the price back toward the key demand zone around $1.01 to $1.04.

This support has repeatedly prevented a deeper decline over the past several weeks, making it the most important level to monitor.

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