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Monday

25 January 2021

Charted: Ripple (XRP) is Primed For a Rally And Only 1 Thing is Holding it Back

Charted: Ripple (XRP) is Primed For a Rally And Only 1 Thing is Holding it Back


smart summary beta

If there is an upside break above the triangle resistance, the price could attempt to clear the $0.6500 resistance level.

A successful close above the $0.6500 resistance could lift the price towards the $0.7000 resistance level in the next 3-4 days.

An initial support on the downside is near the $0.6000 level.

The main support is near the $0.5500 level, below which the price may even struggle to stay above the 100 simple moving average (4-hours).

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