There is long-term support and resistance at $0.23 and $0.40.
XRP has found support above the 200-day MA.
A drop below $0.211 would invalidate the bullish scenario.
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The Ripple (XRP) price has retraced all the way back to an important support level. If the support holds and can give XRP a bounce, there is a lot of room to the upside for the price to go. XRP Long-Term Breakout At the beginning of July, the XRP price broke out from a long-term descending resistance line and continued to increase until it reached a local high of $0.327 on Aug