XRP USDT @ 1hr
The support and resistance are derived from calculating Elliot wave. This attempts to predict the price movement across between support and resistance by following the wave theory. Based on this chart, XRP retracement will occur after reaching 0.47 level and will range between 0.41 and 0.45. Bullish trend continues when price closes above 0.45 and 0.47.
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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.