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XRP Losing Momentum Together with Other Major Cryptocurrencies

The XRP cryptocurrency, along with other major cryptocurrencies, is losing momentum as they approach a horizontal support level.

The current market situation for XRP and other cryptocurrencies is characterized by consolidated levels, with a slowdown in the momentum behind this year's big crypto rally.

Bitcoin, the largest digital asset, has dipped 0.3% in the past 24 hours to $23,111, with Ether, the second-largest crypto, gaining less than 1% to $1,650. Meanwhile, smaller cryptos, or altcoins, were mostly unchanged, with Cardano down less than 1% and Polygon up 3%.

(By Alex Dovbnya)

XRP XRP $1.39
-3.64%
XRP Cryptocurrency
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  • cointelegraph ·

    Why is XRP price up today?

    Key factors driving XRP's price upward today are hopes of spot XRP exchange-traded funds in the U.S. and increased accumulation by whales.
    Why is XRP price up today?

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