XRPUSD: Thoughts and Analysis

Today's focus: XRPUSD

Pattern – Descending
Support – .4960
Resistance – .5337

Hi, traders; thanks for tuning in for today's update. Today, we are looking at XRPUSD on the daily chart.

We have reviewed levels and possible price patterns, focusing on current support and resistance levels. Will we see buyers push forward from the current mini breakout, or is this a bear trap that will break lower once Bitcoin prop-up fades?

Good trading.
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