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Ripple Technical Analysis: XRP/USD sleeping bulls to potentially wake up over the weekend

  • Ripple price was seen down with modest losses of some 0.5%, after a range-bound trading week.
  • XRP/USD upside observed has proven to be unsustainable, the highs of the week seen up at $0.3740 before losing ground.

 

 

XRP/USD 60-minute chart


 

Spot rate:                    0.32383

Relative change:        -0.51%

High:                           0.32600

Low:                            0.32138

Trend:                         Neutral
 

Resistance 1:             0.31728,  100MA.

Resistance 2:             0.34900, (resistance on 60-minute chart).

Resistance 3:             0.35707, 22nd August high.  

Support 1:                   0.32233, 50MA.

Support    2:                  0.32102, ascending trend line.  

Support    3:                  0.31650, demand zone.  

 

 

 

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