Although Ripple does not usually follow the market mood, however, it has already lost around 2% of its price which is much more than most of the top altcoins.
Even though the rate of XRP has plummeted, our yesterday price analysis remains relevant, as the support at $0.30 has not been broken.
Analyzing the 30-minute chart, the possible short-term scenario is reaching the level above $0.31 according to the Elliott Correction Wave pattern. However, before that happens, XRP should pass the support at $0.3070 to make sure bulls are ready for new highs.
Even though the rate of XRP has plummeted, our yesterday price analysis remains relevant, as the support at $0.30 has not been broken.
Analyzing the 30-minute chart, the possible short-term scenario is reaching the level above $0.31 according to the Elliott Correction Wave pattern. However, before that happens, XRP should pass the support at $0.3070 to make sure bulls are ready for new highs.
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