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XRP Price: A Make or Break Situation As Ripple Crypto Flirts Around $2

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Summary
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72% Informative

The XRP price MVRV ratio has fallen below its 200-day moving average, a historically bearish indicator.

Analysts are split on whether this marks the beginning of a deeper downtrend or an accumulation phase.

Despite the SEC and Ripple agreeing on no further cross appeal in the XRP lawsuit, speculation around a lawsuit resolution continues.