fdeltenr

XRP, the crack is maybe not finished

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KRAKEN:XRPUSD   XRP
XRP seems to evolve in a bearish canal since beginning of the year. The price has just hit the canal resistance today and is drawing a double top in 1H... The scenario of a break of the canal resistance is possible but algorithms give only 20% to have this scenario succeed. I am afraid a new downtrend to 0.7 is the most realistic scenario.

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