Why is XRP stuck below $1.38 despite signs of whale buying?

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XRP has managed a mild recovery after briefly slipping toward the lower end of its short-term range. At press time, the token was trading around $1.35, down 0.7% over the past 24 hours. Despite the slight bounce, broader momentum remains bearish. XRP is down 2.6% over the past 7 days, 8.0% over 14 days, and 5.6% over the last month, showing that recent recovery attempts have not yet shifted the wider trend. On a yearly basis, the asset is still trading about 42.5% lower, highlighting that the longer-term structure remains under pressure even as short-term stabilisation emerges. XRP stuck in consolidation The latest price movement reinforces a clear technical pattern: XRP continues to trade within a compressed range.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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