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XRP price is showing signs of recovery after testing the $2.080 support zone. A short-term rising channel and bullish technical indicators suggest potential upward momentum if key resistance levels are breached.
- XRP price is forming a short-term rising channel with support at $2.140 on the hourly chart.
- Key resistance levels to watch are $2.20 and $2.2120, with a breakout potentially pushing the price toward $2.320.
- Technical indicators (MACD and RSI) are currently bullish, signaling potential upward momentum.
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