XRP struggles to hold onto $0.52: What’s next for the altcoin?

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XRP has been having a hard time entering into a strong bull trend as its price keeps dragging it close to a bear trend.

XRP has not been seeing a lot of demand recently, and this might cause more of its supply to fall below the profit zone.has faced difficulties in recent days, yet it has successfully stayed above a crucial threshold. How is the total supply faring in terms of profit, and what factors could help maintain its current price range?price managed to rise above its short Moving Average with an increase of over 1%, bringing its value to around $0.54. This move indicated positive momentum.

The RSI was currently on the neutral line and could fall below it if there was a significant price decline.holders revealed that demand has been relatively flat in recent days, with around 5.2 million holders at the time of writing.

Source: Digital Coin News (digitalcoinnews.net)

 

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