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As we can see in the above-mentioned chart that XRP is trading inside a parallel channel pattern and is currently rejected from the middle band at a price range of $0.3480.

As here some correction is likely and again can fall down to lower trend line support just like before.

So we can see a bounce from the lower support level towards the upper trend resistance level.

Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.

Sorry for my English it is not my native language.

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