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XRP Bounce In Sight? Bulls Hold $2.38 Support As Breakout Pressure Builds

NewsBTC•Thursday, October 23, 2025 at 1:00:35 AM
PositiveCryptocurrency
XRP Bounce In Sight? Bulls Hold $2.38 Support As Breakout Pressure Builds
XRP is showing resilience by holding above the $2.38 support level after a recent dip, indicating that bullish traders might still be in control. As buying pressure increases, many are keeping a close eye on the potential for a breakout that could spark renewed bullish momentum. Umair Crypto highlighted that XRP initially gained strength after bouncing back from the 50-day Simple Moving Average, reaching around $2.50. This situation is significant as it could lead to further price increases, attracting more investors and traders to the cryptocurrency market.
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