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    Thread: Cryptocurrency Analysis

    1. 09-03-2021, 02:22 AM #11 Collapse post
      IFX_Selena
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      XRPUSD strength into resistance.

      XRPUSD has broken above the $1.20-$1.25 resistance and is heading towards the next upside target and major resistance of $1.35. Breaking above these resistance levels is key for the medium-term targets.

      Name: r-a-020921.jpg Views: 13 Size: 42.0 KB

      Red line - resistance (broken)

      Blue lines- Fibonacci extension targets

      XRPUSD has broken the downward sloping resistance trend line and is moving higher. Our next upside target is at $1.35 where we also find the recent highs after the low of $0.50. Short-term trend is bullish. The recent low at $1.04 could prove to be a major low if price breaks and stays above $1.35. If this happens, then we should be expecting a higher high above the 2021 highs.




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