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XRP/USD: Has the Recent Growth Finished So Far?

BITSTAMP:XRPUSD   Ripple
The daily chart shows that nothing has changed so far - bears are getting stronger with every drop. The lines of the Bollinger Bands indicator are going down which means that bears are not going to give bulls the initiative. The trading volume keeps also slowly decreasing. After the ongoing bounce off finishes, XRP might go to the next support located near the zone of $0.1740 where the a high concentration of liquidity is focused.


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