XRP's price has corrected about 20% from its recent high and is currently testing a strong support zone between $1.35 and $1.38, where 3.2 billion XRP were previously traded.
This area indicates significant holder accumulation, which could be a bullish sign for the cryptocurrency.
However, key resistance levels lie at $1.60, $1.68, and notably $1.86, which could pose a major hurdle for bulls if XRP fails to break above it.
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