XRP Surges Past $0.60 After Ripple Court Win But Faces Resistance at $0.65
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XRP price raced above $0.60 after Ripple's court victory, but faces resistance at $0.65 where whales previously bought large amounts.
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On-chain data shows whales have accumulated 80 million more XRP tokens recently.
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XRP investors' unrealized profits are approaching 10% if they sold now according to MVRV ratio.
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RSI indicator shows XRP is overbought, signaling a potential sell-off near $0.65 resistance level.
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Simple moving average of $0.54 could provide support if XRP price drops from the $0.65 resistance point.