Bearish predictions around $XRP have largely been driven by its recent price action, which stayed in the red for an extended period.
Now, the chart is starting to show a different signal. XRP is recovering from the downtrend, and some market analysts believe trader exhaustion may be setting in.
At the time of writing, $XRP is up about 1.6% in the last 24 hours. If this momentum holds, it could challenge the recent bearish narrative and improve short-term sentiment.
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