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XRP Tests Key Resistance Level as Bulls Eye $1.51

Guavy AI Editorial Team
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XRP AXL
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XRP is testing its key resistance level at $1.83 after gaining 43.52% on the latest two-week candle, according to EGRAG Crypto.

The analyst believes XRP is showing a setup that's never appeared before a major bull run, and Ripple has recommended withdrawing the XLS-38 bridge amendment due to limited developer demand.

Ripple cited Axelar as an alternative for native cross-chain bridging, which connects more than 50 blockchain networks through a validator set of over 75 participants.

XRP's price is trading around $1.42 after posting a 43.52% gain on the latest two-week candle, and EGRAG Crypto projects the XRP price could reach $1.51 within a month.

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