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XRP/USD: technical analysis

Current trend

The XRP coin moves within the corrective sideways channel, reversing downwards, and is around 1.0835.

XRP/USD, D1

A sideways downwards channel is forming on the global chart. After the recent sharp decline, the asset is consolidating around ​​the range support line. Technical indicators issued a sell signal: fast EMAs on the Alligator indicator crossed the signal line downwards, and the AO oscillator histogram moved into the sell zone.
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