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XRP Price Struggles Above $1.00 Support Amid Bearish Outlook

Guavy AI Editorial Team
Instruments
XRP
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Ripple's price continues to decline from its July high of $1.18, maintaining a bearish outlook as it trades above its immediate $1.00 support on Thursday.

The remittance token has sustained a steady decline due to reduced demand and the lack of catalysts to sustain recovery.

Holding above the $1.00 demand area remains critical to XRP's recovery, with a sell-off likely amid buyer exhaustion if it falls below this level.

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