XRPUSD (Ripple) – Week 38 – Range trading

XRP holders went on the offense, proving once more the level of organization displayed by this community. According to a Class Action Complaint filed on September 16th, 2021, several XRP investors accused tech giant Apple of allowing bad actors to steal their assets and information. The action was filed by Hadona Diep, a cyber security IT professional, on behalf of other XRP holders in a similar situation in a federal court in the state of Maryland.

Technically, the price of Ripple is still in the range created by the resistance and support area marked on the chart. Although we give a higher probability for a breakout to the upside for this crypto, a retest of the support area before the upside is something that has a good chance of happening. We advise caution.

Trade with care.

Best regards,
Financial Flagship

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