xrp will fall to 1$ it definitely went too fast but later it will rise just like xlm I made 500% on them I sold them and invested in others I am waiting for drops and I will buy xrp xlm
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XRP technical analysis (Easy)
Disclaimer: This is a simplified analysis and should not be considered financial advice. It is important to do your own research and consult with a financial professional before making any investment decisions.
Overall Trend $XRP downward trend over the past week. Support Level
There are two horizontal lines drawn on the chart. These represent support levels. Meaning the price has been bouncing off this level multiple times. Candlestick Patterns There are several candlestick patterns visible on $XRP . Some of the common ones include Doji, Spinning Top,Hammer/Hanging Man Moving Averages There are two moving averages plotted on $XRP MA(5) and MA(10). The MA(5) is the faster-moving average, and it is currently below the MA(10). This is generally considered a bearish signal. Volume The volume bars at the bottom of $XRP show the trading volume for each period. Higher volume bars generally indicate increased interest and potential for larger price moves. In Summary Based on this analysis, the $XRP appears to be in a downtrend. The price is currently trading below a key resistance level and below both moving averages. There are some bullish candlestick patterns visible, but the overall trend is still bearish. #xrp #BTCNextMove #USJoblessClaimsFall
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