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$XRP price analysis.....๐Ÿš€๐Ÿš€๐Ÿš€ XRP $0.54 ย relief rally has reached the 20-day EMA ($0.53), an essential level for the bears to defend if they want to maintain control. #XRP/USDT daily chart. If the price turns down from the 20-day EMA, the sellers will again attempt to tug the XRP/USDT pair to the strong support zone between $0.46 and $0.41. Buyers are expected to aggressively protect this zone. The first sign of strength will be a break and close above the 20-day EMA. If this hurdle is cleared, the pair could reach $0.57, which may again pose a strong challenge. A break above this resistance could open the doors for a potential rise to $0.62. #altcoins #BlackRock #MicroStrategy #CryptoWatchMay2024

$XRP price analysis.....๐Ÿš€๐Ÿš€๐Ÿš€

XRP

$0.54

ย relief rally has reached the 20-day EMA ($0.53), an essential level for the bears to defend if they want to maintain control. #XRP/USDT daily chart.

If the price turns down from the 20-day EMA, the sellers will again attempt to tug the XRP/USDT pair to the strong support zone between $0.46 and $0.41. Buyers are expected to aggressively protect this zone.

The first sign of strength will be a break and close above the 20-day EMA. If this hurdle is cleared, the pair could reach $0.57, which may again pose a strong challenge. A break above this resistance could open the doors for a potential rise to $0.62.

#altcoins #BlackRock #MicroStrategy #CryptoWatchMay2024

Disclaimer: Includes third-party opinions. No financial advice.ย See T&Cs.
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