XRP Price Eyes 34% Rally as ADX Rises

On May 31, 2025, XRP/USDT on the 4-hour chart created a descending channel pattern. A descending channel forms when price moves between two downward-sloping parallel lines, indicating controlled selling with potential for breakout. Currently, XRP trades at $2.133. The token is bouncing near the lower boundary of the channel and sits below the 50-period EMA […]

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