XRP idea sharingIn 1D chart, XRP has broken through the resistance trend line and came to the resistance near 0.4894. This price range overlaps with the Fibonacci sequence of 1.382~1.5 and the POC of the consolidation pattern ahead.
There are still targets above:
0.5082
0.5545
0.5591
If there is a break above 0.5591, XRP will see a large double bottom pattern.
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At present, XRP has encountered resistance and fell back. Looking at the 4hr chart:
After XRP encountered resistance, it showed a convergent pattern. Usually after the price rises or falls sharply, the market will choose the direction of breakthrough after organizing the market funds.
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Pay attention to several support prices:
0.4270
0.4149
0.4082
0.3869
0.3726
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