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XRP Sells Off Amid Ongoing Bearish Momentum

Guavy AI Editorial Team
Instruments
XRP LUSD
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XRP continues to face selling pressure, trading at $1.0914, down 1.67% on the session.

The asset remains below its key moving averages, reflecting ongoing short-term and longer-term selling pressure.

Ripple has recently launched Ripple Mint and expanded its partnership with Notabene, introducing an institutional-grade platform for minting RLUSD and strengthening regulatory compliance.

Despite these developments, XRP's price action has remained under broader selling pressure, and technical indicators suggest a high probability of further downside.

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