• XRP/USD has found support and resistance at $0.175 and $0.19, respectively.
  • The price has created a short-term double bottom.
  • XRP/BTC is following a very steep descending resistance line.
The XRP (XRP) price has been declining since April 30 but has reached an important support level which is likely to initiate a bounce. Current Support The XRP price has been decreasing since it reached a high of $0.236 on April 30, which coincided with the 200-day moving average (MA). The decline has been gradual, and during this time, the $0.175 support area has been validated numerous
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Valdrin Tahiri

Valdrin is a cryptocurrency enthusiast and financial trader. After obtaining a masters degree in Financial Markets at the Barcelona Graduate School of Economics he began working at the Ministry of Economic Development in his native country of Kosovo. In 2019, he decided to focus full-time on cryptocurrencies and trading.

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