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2019-06-27 22:00:46

Ripple price analysis 27 June 2019; strong resistance may cause reversal

Ripple (XRP) is the third largest currency in the cryptocurrency sphere, however, Ripple price is experiencing a non-aligned short-range trading position. Ripple foundation tends to stabilize the Ripple price through various partnerships but there are somethings a currency has to do it on its own. Ripple price chart by Trading View The XRP/USD duo is re-evaluating its 200-period moving average on the 4 hrs time frame. The 4hr time frame currently shows that the XRP/USD duo has severely inverted lower, after temporarily spiking beyond the zero point five level (0.5). A possible bear head and shoulders pattern has started emerging