- 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%
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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