XRP price analysis indicates that the asset gained 7.53% during the week but faced significant selling pressure towards the end of the period.
The downward trend was largely due to reports of a D'CENT wallet hack and XRP stolen from Bitget, which may weigh on market sentiment in the near term.
According to current price action, XRP is likely to continue trading between $1.30 and $1.60 before a new trend develops.
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