06-12-2022 19:55 via coinjournal.net

XRP faces a potential collapse back to $0.30. Here is the price action

XRP has been trading on a short-term uptrend
The cryptocurrency is facing pressure at the $0.40 resistance
Watch for the daily candlestick close for confirmation of a bearish move
Ripple (XRP/USD) looked poised for a breakout at $0.40. The cryptocurrency has been trading on a short-term ascending channel, giving hopes that a breakout was on the horizon. Investors have remained hopeful as Ripple’s case with the SEC enters the final stages. With little cryptocurrency news coming up to r
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