XRP/USD: XRP attempts to defend its position at its 500 EMA; resistance at 0.485
|XRP/USD: XRP attempts to defend its position at its 500 EMA; resistance at 0.485
What is going on with XRP/USD?
XRP/USD: XRP has pulled back from 0.510 and successfully filled a price gap at 0.465 created in yesterday's trading session. The pair is currently trading at 0.483 and needs to break and remain above 0.485 resistance to proceed to 0.500 and 0.510. The pair could head down to 0.465 if it fails to continue at 0.485.
Support/Short - 0.465, 0.455, and 0.435
Resistance/Long - 0.485, 0.500, 0.510, and 0.525
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Chart 1: The short-term view of the XRP/USD price action in the 60 minutes price chart highlights the direction of the trend and the support and resistance price points
Chart 2: The short-term view of the XRP/USD price action in the four hours price chart highlights the direction of the trend and the support and resistance price points
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