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Jun 28, 2018 3:11 AM

Ripple Falling Wedge Long

BITFINEX:XRPUSD1D
XRP / DollarBitfinex

Description

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Ripple is forming a falling wedge, which usually means that the sellers are exhausted for the time being. Also, the price bounced off a previous low, potentially creating a double bottom. The 30 support level on the RSI is currently holding.
OscillatorsWedgeSupport and Resistance
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