XRP benefits from market boom fueled by Fed rate cut signal
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If the declines continue, bears may target the 50-day SMA support at 0.567. If they do this, it could mean that XRP would remain stuck in the $0.41 to $0.64 range for some time. If the recovery continues and buyers push past $0.63, XRP might hit $0.64, which might pose a substantial challenge.Tomiwabold is a cryptocurrency analyst and an experienced technical analyst.
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