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- Ripple XRP achieved 5% gains in the final part of Wednesday.
- Strong upward barrier to $ 0.4000, then $ 0.4183.
Ripple's XRP was seen trading more than 5%, towards the last stages of Wednesday's trading. At the peak of the session, XRP / USD was seen to record double-digit earnings of around 11%. The bulls have tried $ 0.40, but they have not been able to overcome sharply.
Aside from the psychological resistance of $ 0.40, looking upward, there is a big rise seen at $ 0.4183, Fibonacci at 1 month at 38.2%. A breakdown of the aforementioned levels should invite a decent wave of buying pressures.
In terms of decent confluence support areas; $ 0.3830 – 1 month 23.6% Fibonacci, $ 0.3673 – 4 hours 200SMA and daily hub, finally $ 0.3555 – weekly hub.
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