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XRP Token A Sleeping Giant; May Cross Beyond $5.0 In 2021

XRP token price traded at $1.47 with a decrease of 7.50% over recent 24-hour and an increase of 5.08% in the weekly period. Besides, XRP plunges below the EMA Ribbon, leading the price to drop more in future trading sessions. Conversely, the market capitalization increases at $66.66 billion. Technically, investors can see a negative trend, and the price is trying to breach above the EMA Ribbon. The Stochastic RSI index features a negative slant and values in an oversold region. Additionally, the price movement can be towards the target price of $1.95 in future trading sessions.

Resistance: $1.95

Support: $1.00
bitfinexChart PatternsTechnical IndicatorsripplethecoinrepublicTrend Analysisxrp

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