XRP / USD Does not have the juice for a break of $ 0.4000

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  • Ripple's XRP falls marginally into negative territory on Friday at 0.60%.
  • The XRP / USD moves within a range of $ 0.39-0.33 from December 28th.
  • The key to a higher rise is that the bulls exceed $ 0.4000, which with the current momentum may not be seen for a while.

15-minute XRP / USD chart

  • The price has come down on the back of an increasing formation of the wedge model.

Spot rate: 0.3587

Relative change: -0.60%

High: 0.3671

Low: 0.3574

Trend: Bearish / Neutral

Support 1: 0.3490, daily support of the articulation point.

Support 2: 0.3372, daily support of the articulation point.

Support 3: 0.3216, daily support of the articulation point.

Resistance 1: 0.3764, resistance to the daily articulation point.

Resistance 2: 0.3920, resistance at the daily articulation point.

Resistance 3: 0.4038, resistance to the daily rotation point.

XRP / USD 60-minute chart

  • The range can be seen at the top at $ 0.3900 with the minimum at $ 0.3300, as of December 28th.

Daily XRP / USD chart

  • The price action as a number of its peers is confined to the inside of a block-range formation.

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