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XRP Breaks Year-Long Falling Channel But Ichimoku Cloud Blocks Path to $2

XRP Breaks Year-Long Falling Channel But Ichimoku Cloud Blocks Path to $2

XRP now faces a major test at the weekly Ichimoku Cloud after breaking above a falling channel that had controlled its price for about a year. The breakout has improved XRP's mid-term chart structure, but the cryptocurrency still needs to clear key resistance from the Ichimoku Cloud before the long-term trend can turn bullish.

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