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The XRP / USD slides out of the growing wedge, thinking about it

  • The XRP recorded a decline of more than 4% in the last part of the Friday session.
  • The XRP / USD price fell against a growing wedge pattern.
  • The weekend will be the key to determining whether XRP / USD can close for the week in positive territory.

XRP / USD 4 hour chart

Spot rate: 0.3648

Relative change: -4.15%

High: 0.3830

Low: 0.3538

Trend: bearish

Support 1: 0.3587, daily support of the articulation point.

Support 2: 0.3461, daily support of the articulation point.

Support 3: 0.3237, minimum 25 November.

Resistance 1: 0.3800, under the broken wedge.

Resistance 2: 0.3938, resistance to the daily rotation point.

Resistance 3: 0.4065, resistance to the daily rotation point.

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