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Ripple XRP Technical Analysis: XRP / USD if $ 0.3800 is captured, it can fly again

  • The XRP price rose more than 4% in the first part of Wednesday's session, establishing a strong recovery.
  • The XRP / USD managed to form a minimum in the last sessions, selling the run out of stock.
  • The price has been heavily oversold through the RSI, bulls eyeing opportunity for a strong loss recovery.

Daily XRP / USD chart

Spot rate: 0.3794

Relative change: + 4.43%

High: 0.3868

Low: 0.3631

Trend: bullish

Resistance 1: 0.3810, 11-12 November low zone.

Resistance 2: 0.3910, resistance of the daily articulation point.

Resistance 3: 0.4082, resistance to the daily rotation point.

Support 1: 0.3457, daily support of the articulation point.

Support 2: 0.3286, daily support of the articulation point.

Support 3: 0.3145, daily support of the articulation point.

XRP / USD 60-minute chart

  • The bulls must break down the resistance by $ 0.38 to 0.39 for a higher raise.

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