XRP/USD Technical Analysis: Walking a tightrope at $0.47 as bears wait for prey
The price of XRP saw a meteoric rise last month, closing September at an 80% gain. However, it has begun to see a steady decline in the time since and is now resting on one of its crucial support lines.
https://ambcrypto.com/xrp-usd-technical-analysis-walking-a-tightrope-at-0-47-as-bears-wait-for-prey/
The downtrend from $0.587 – $0.482 is still in power, forming a descending triangle with the support level at $0.470. This indicates that a breakout can be seen soon.
The MACD is bearish and is moving below the signal after the crossover.
The Awesome Oscillator is flashing a bearish as well, with continued downward movement.
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