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XRP Price Analysis 05/23/2020


XRP currently shows constant lateral movements for more than a week, unfortunately it is one of the few cryptocurrencies that has not been able to regain important ground and now the price is totally congested on a triangle which must decide whether to break higher or go again to lower it.

There are two important points at the moment such as $ 0.2000 and $ 0.1980, on the one hand we could see a consolidation above $ 0.20 to later consider an entry to the purchase or in case of a negative scenario, break the bullish trend line and go get the $ 0.198 expecting a rebound in that area that will keep him in the game and not complicate the scenario where he is.

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