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- Ripple's XRP reported losses of just 2.5%, after initially being under heavy pressure on Tuesday.
- The XRP / USD produced a double bottom trend, as large purchases returned to further stop the price.
- Buyers heavily defended a freefall, a $ 0.4100 violation may have exposed XRP / USD to decline to 0.30-0.25.
XRP / USD 4 hour chart
Spot rate: 0.4626
Relative change: -2.55%
High: 0.5036
Low: 0.4097
Trend: bearish
Support 1: 0.4575, daily pivot support.
Support 2: 0.4372, lower channel support.
Support 3: 0.4094, daily pivot point support.
Resistance 1: 0.5056, resistance to the daily articulation point.
Resistance 2: 0.5334, resistance of the daily articulation point.
Resistance 3: 0.5537, resistance at the daily articulation point.
XRP / USD 60-minute chart
- Demand area XRP / USD offering some offers around the area $ 0.44-45. Difficult offer within the territory of $ 0.52.
