XRP - Technical review and analysis
XRP has fluctuated in the $0.35 range for the past week. Ripple's price stalled after reaching the $0.33 support area on strong selling pressure. Then we saw a return and a positive fluctuation. According to the ceiling and floors formed in the 4-hour timeframe, the last ceiling has formed a resistance in the range of $0.35 to $0.356, and the price crossing this range can be a sign of price growth and an upward trend in the 4-hour timeframe. Otherwise, support levels can be retested by sellers. Ripple's important support range is at $0.30 to $0.310. where it is an important daily support, and the previous bullish wave caused Ripple to grow by 86%. Also, with the testing of the supports, the possibility of forming a positive divergence will increase. You can also wait until the break of the RSI downtrend line and pullback to this trend line.
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