XRPUSDT Analysis
XRP has been declining for over a month now and is about to hit the Support Line ($0.17). If there is a time to buy this currency it is at this point but be ready to sell if the candles break through the Support Line.
Best case scenario is that XRP rebounds in a big way from the Support Line and the candles for July 2020 trends upward. If the candles reach the Resistance Line ($0.30), sell your XRP here.
In a world in which the following candles fully breaks through the Resistance Line at $0.30, I would suggest that you repurchase XRP as the candles will likely reach the next Resistance Line at $0.44.
Best case scenario is that XRP rebounds in a big way from the Support Line and the candles for July 2020 trends upward. If the candles reach the Resistance Line ($0.30), sell your XRP here.
In a world in which the following candles fully breaks through the Resistance Line at $0.30, I would suggest that you repurchase XRP as the candles will likely reach the next Resistance Line at $0.44.
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