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May 7, 2025

XRP Approaches Critical Technical Zone: Analyst Issues Warning

XRP is edging closer to a crucial technical zone, with significant Fibonacci support levels in play. This confluence could determine whether the late-2024 rally will continue or encounter resistance. According to independent analyst CasiTrades, XRP’s trading activity on Binance reflects this delicate balance. Currently, XRP is trading at $2.0995, just above the 38.2% retracement of the recent rally. Investors are advised to monitor XRP closely, as market sentiment could influence the token’s price significantly. The next moves in this technical zone could be pivotal for XRP’s future trajectory.

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