XRPUSDT Analysis: Bearish Breakout Potential

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The XRPUSDT chart on the 1-hour timeframe indicates a potential bearish breakout scenario forming. After testing the resistance area near $0.5349, price has failed to break above, showing signs of weakness.

Traders should watch for confirmation of a downside move below $0.5320, which could trigger a steeper decline.

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Chart PatternsForexintradaytradelongsetupoptionsstrategiessignalsTechnical AnalysisTrend AnalysisWave AnalysisXRPUSDT

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