Hello traders, XRP / USD is in a rectangle (range) with a decrease in volume executed.
It just broke its uptrend line and pulled back on a downtrend line but the price seems to be reacting there.
No real decistently from the sellers at this time.
It tests its MA again 365 days with the 19 in support and the 38 can still rebound.
We are coming to a very important price zone soon it will give direction in the market and more visibility on the sentiment of the future market.
This is not investment advice but a recommendation for use.
Thank you for taking the time to read my analysis.
I hope you enjoyed it.
Comment your points of view in the space dedicated in description.
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It just broke its uptrend line and pulled back on a downtrend line but the price seems to be reacting there.
No real decistently from the sellers at this time.
It tests its MA again 365 days with the 19 in support and the 38 can still rebound.
We are coming to a very important price zone soon it will give direction in the market and more visibility on the sentiment of the future market.
This is not investment advice but a recommendation for use.
Thank you for taking the time to read my analysis.
I hope you enjoyed it.
Comment your points of view in the space dedicated in description.
Please LIKE & FOLLOW, thank you!