Yesterday, July 18, sellers managed to drive the price into the yellow side corridor and set a local minimum at the point of $0.305 during the confrontation at the upper limit of the range $0.310. However, buyers were able to seize the initiative and the bullish impulse pushed the pair above the level of $0.320.
At the moment of the writing, the trading volume is at an average level, and the XRP price is trying to consolidate in the area of support at $0.320. If today the hourly EMA55 is not able to support the pair, Ripple will return to the yellow side corridor.
At the moment of the writing, the trading volume is at an average level, and the XRP price is trying to consolidate in the area of support at $0.320. If today the hourly EMA55 is not able to support the pair, Ripple will return to the yellow side corridor.
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