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Ripple Reels To Key Support, Losing The 3rd Largest Crypto Position

Ripple reels to key support levels as it was trading in close tandem with Bitcoin and ETH in the recent weeks which exposed it to huge selling pressure as we reported in the Ripple news. Analysts are now noting widely that the cryptocurrency will be well-positioned to see further weakness into the near-term if it stays below the crucial support level that the bulls were defending. The break below this level overnight seems to be a huge sign for the near-term outlook suggesting that the buyers could be losing their strength. Image Courtesy of Big Cheds. Chart via TradingView. Where…

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