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avershinsky
Apr 18, 2022 6:26 AM

XRPUSDT: A Weak Price Support Corridor Short

XRP / TetherUSBinance

Description

When the price does not rise, there is only one option for further activities - a fall(yeah that's simple). Since there have been no significant purchase volumes in recent weeks, it is not surprising that, at any opportunity, the price sags lower and lower.

The closest significant corridor for Ripple is 50, so my opinion is a short position 25 pips from the current price.

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