XRP is trading at around $1.41 after a recent recovery from its low of $1.30, but buyers are struggling to clear resistance between $1.43 and $1.50.
The token rallied from roughly $0.99 on August 11 to around $1.70 on August 22 before giving back some of those gains.
XRP is still holding above its 200-day exponential moving average near $1.35, which is an important technical level for the current recovery attempt.
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