XRP has won 0.01% in the last 24H recovering the losses of the weekend and now it's trading around $ 0.4780 after breaking the major support at $0.5000 in this 1H chart. The pair traded yesterday in a monthly low at $0.4400 but the buyers appeared to rescue the price and send it back over the central pivot point. Now the price is bouncing repeatedly in the descending bearish line and under the EMA-100. A breakout of this line could be an interesting opportunity for a long trade.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.