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XRPUSD 12-Hour Price Chart

XPRUSD price (via Kraken) is coiling in a narrowing wedge as obvious on the 12-hour price chart. We don’t like to anticipate but also prefer not selling due to the risk of a swift reversal so the preferred option is to buy the breakout above the falling resistance above the top of the last candle that touched that line. For now $0.66 thus seems to be the level from which XRPUSD will soar and the right level to go long Ripple.

 

 

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