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Cryptocurrency Ecosystem => XRP - Ripple Forum => Other Popular Cryptos / Coins => Ripple News & Updates => Topic started by: Rockalo on October 27, 2021, 01:47:29 PM

Title: Ripple Trades Marginally, Faces Strong Rejection at $1.20 Resistance
Post by: Rockalo on October 27, 2021, 01:47:29 PM
The price of Ripple (XRP) has been consolidating below the $1.20 resistance level. Today, XRP is trading at $1.12 as of press time.

Over the past five days, price action has been stagnant due to the emergence of small body candlesticks called doji and spinning tops. These candlesticks indicate that buyers and sellers are undecided about the direction of the market. Neither buyers nor sellers are driving prices up or down. However, buyers have an advantage over sellers as Ripple is trading in the bullish trend zone. If buyers break through resistance at $1.20, Ripple's price action will accelerate. XRP/USD will regain the previous high of $1.41. More information please click here

 (https://coinidol.com/ripple-trades-1-20-resistance/)