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Ripple price has flipped the 25-day EMA to a resistance hurdle at $0.6142 as it thinly holds above $0.5891 support.
XRP could extend south if the $0.5891 support breaks, spiraling 10% lower to consolidate under $0.5751 in a dire case.
The bearish thesis will be invalidated once the price breaks and closes above $0.6857, the supply zone’s mean threshold.
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