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XRP Pulls Back from Weekly High Amid Broader Descent

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XRP LUSD
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XRP is trading at around $1.10 as of July 27, 2026, after pulling back from its weekly high of $1.16.

The token remains in a broader descending channel and traders are watching the $1.18 resistance level to break out of this trend.

Ripple's expansion of its RLUSD stablecoin infrastructure and XRP ETFs reaching a new milestone are positive developments for the token, but it is still trading inside the same channel.

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