Has XRP reached its local peak so far?

Yesterday, buyers could not overcome the resistance of $0.19. During the day, XRP fell back to support around $0.183, and at the Asian session, the bulls formed a powerful impulse that tested the psychological level of $0.20.

Currently, XRP has already reached its local peak and unlikely to go higher as the trading keeps decreasing. Furthermore, the Relative Strength Index indicator has formed the bearish divergence on the daily time frame, which considers the possible drop.

Chart PatternsHarmonic PatternsTrend Analysis

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