XRPUSD; Above downtrendline

This coin is just above the top end of the bearchannel that has been in effect since early May. When staying above, the market could test the 0.5500/0.5700 resistance area which could see intial problems.

Conquering that area could see a better move north where Fibonacci's should be watched for resistance (0.6200/0.6800/0.7440).

Support is seen at 0.4850 and 0.4600.
Chart PatternsTechnical IndicatorsTrend Analysis

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