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XRP selloff shows signs of calming, may trade between $1.05 and $1.25

XRP may be forming a short-term base in the $1.05 to $1.10 range after a steep decline this year. It fell below about $1.30, a level that had acted as support for months, before heavy selling eased and the token moved sideways above recent lows. Technical indicators suggest the strongest selling pressure has passed, though XRP remains below key moving averages. A $1.05 to $1.25 range is seen as the most likely near-term scenario.