Ripple Technical Analysis: XRP/USD ascending trend line supports the feeble price again, as bulls gear up for another attempt at $0.50
|- Ripple price remains supported in the near-term by ascending trend line.
- XRP/USD price has failed to hold any decent upside momentum, continuing to falter within the early $0.50 region.
XRP/USD 4-hour chart
Spot rate: 0.47752
Relative change: -0.25%
High: 0.48090
Low: 0.47320
Trend: Neutral
Support 1: 0.47522, ascending trend line.
Support 2: 0.47215, 100MA.
Support 3: 0.46426, 7th July low.
Resistance 1: 0.48045, 50MA.
Resistance 2: 0.48800, (resistance on 4-hour chart).
Resistance 3: 0.50700, supply zone.
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