Since April 16, XRP has been moving along the line of upward support. Price growth continued until April 30, when the coins peaked at $0.236. Since then, the price has been falling, completing the correction A-B-C, which led the market to the line of upward support. In addition, perhaps the pair follows the line of the downward resistance.
The RSI indicator gives a bearish signal, sifting below the 50 mark, while there are no signs of bullish divergence that could promise the pair a reversal. One believes that the line of upward support may trigger a price rebound in the direction of the line of downward resistance.
The RSI indicator gives a bearish signal, sifting below the 50 mark, while there are no signs of bullish divergence that could promise the pair a reversal. One believes that the line of upward support may trigger a price rebound in the direction of the line of downward resistance.
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