Seoul Police: Fake Flare Site Drains $8.5M XRP

Seoul Police confirmed a fake Flare Network staking site drained $8.5M in XRP from victims.

XRP trades at $1.08 inside Bollinger Bands with upper resistance at $1.11 and lower support at $1.04. The EMA50 at $1.09 and EMA200 at $1.10 mark concrete resistance in the ongoing bearish structure while MACD shows a bullish golden cross at -0.01 and RSI sits neutral at 50.4. A test of upper band resistance often precedes a retracement toward the 50-EMA before any continuation.