Ripple (XRP) - July 16

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It is higher than the long-term downtrend line (2).

We need to make sure we can get support at the 0.19581 point.

You should also check if it falls below the long-term downtrend line (2).

I think XRP is in an important position.

Getting support from the downtrend line (2) is the most important point.

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(OKEX XRPUSDT 1D chart)

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** Check support, resistance and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee profit or loss on investment.

Description of abbreviations shown in chart
R: Resistance point or section, where a countermeasure is needed to preserve revenue.
S-L: Stop-Loss point or section
S: A point or section that can be purchased for profit generation as a support point or section

Comment:

(XRPUSD 1D chart)

Supported at 0.19581 and rising.
We need to see if this trend can rise above the 0.21148 point.
It should not fall below the 0.18934 point.
The most important point in your current location is 0.25355.