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Ripple Technical Analysis: XRP/USD the bulls remain persistent with bear barrier breakdown, thou will let the herd through

  • Ripple price seen up marginally on Wednesday by 0.25%, resuming the bullish trend of late.
  • XRP/USD bulls are attempting to breakdown immediate resistance within $0.35 territory.  

 

 

XRP/USD 60-minute chart


 

Spot rate:                    0.35200

Relative change:        +0.25%

High:                           0.35500

Low:                            0.34000

 

Trend:                         Bullish

 

Resistance 1:              0.35400, entrance to supply zone.  

Resistance 2:             0.35700, 22 & 28th August high.

Resistance 3:             0.35930,  resistance on 60-minute chart.

Support 1:                   0.34300, support on 60-minute chart.

Support    2:                  0.34185, 50MA.

Support    3:                  0.33340, 100MA.  

 

 

 

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