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Cryptopolitan 2021-09-19 05:22:13

Ripple price analysis: XRP to break the daily resistance

TL;DR Breakdown Ripple price analysis is bullish for today.The 24-hour chart on the XRP/USD pair shows that price action is bullish.Bulls are preparing to break the daily resistance. Ripple price analysis: General price overview XRP was following a favorable trend on the previous day’s Ripple price analysis chart. However, this bullish movement was halted by solid selling pressure when the daily price analysis chart set in, causing the prices to drop sharply to the lowest level on the daily price analysis chart. The bulls seemed to be on the drawing board strategizing a possible attack that would alter the current negative trend. The bulls congregated in large numbers and amassed enough power to establish solid support that reversed the bearish trend, causing Ripple to surge. The 24-hour chart on the XRP/USD pair shows that price action is bullish. As a result, XRP/USD price is expected to rise in the following 24 hours. Currently, Ripple is trading at $1.07, a 6 percent increment in the last 24 hours. However, Ripple is unable to break through the exponential moving average. The daily Ripple price analysis chart shows that the token is trading at $1.07. Ripple was advancing in bullish momentum in the early trading hours, resulting in head and shoulder formations. However, this trend was altered by a declining wedge pattern set off by the bears, which reached its intraday low of $1.07 during early trading hours. Cryptocurrenc...

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