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Title: XRP to Bounce Sooner Than Expected?
As the cryptocurrency market continues to be plagued by bearish sentiment, the fate of many digital assets hangs in the balance. The current situation is precarious, with even the largest players such as Bitcoin struggling to maintain their value above $80,000.
In this precarious context, it appears that Ethereum, another top player in the crypto space, has seen an unprecedented surge in selling pressure over the past 18 months. This massive outflow of capital could have significant implications for the future trajectory of the market.
Meanwhile, Bitcoin is still reeling from its recent loss below $90,000. A swift recovery above this level would be crucial to avoid sustained bearish momentum. If it fails to do so, we may see a further decline towards $75,000 or even lower.
Despite these dire circumstances, there could be an unexpected turn of events that might lead to XRP bouncing back sooner than expected.
