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Ripple Price Analysis

The last 24 hours have a particularly unstable trading time on the crypto market after Bitcoin raised over 9,000justtocollapsealittlelaterto9,000 just to collapse a little later to 8,200.

Most of the crypto market has been shaken by this volatility, including Ripple, which has dropped by a total of 7% over the past 24 hours. However, XRP still has 10% for the week and 41% for the past 30 days.

Ripple remains ranked 3rd among the best crypto by market cap, it currently has a market capitalization of 18.12 billion dollars.

XRP/USD 1 Day Chart

From the above: The closest level of resistance is now 0.4380andthenbetween0.4380 and then between 0.4580 and 0.4620.Over0.4620. Over 0.4620, additional resistance is 0.48and0.48 and 0.50.

Below: The closest support level is now 0.42,0.42, 0.41 and 0.40.Under0.40. Under 0.40 additional support is 0.39,0.39, 0.3790 and $ 0.36 (which also contains 200 EMA days).
xrpusd_may31-min.png

78 upvotes $1.74

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