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The wait is over: RLUSD launches globally tomorrow!
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XRP in a wedge consolidation (price accumulation), between 2.28 USD and 2.53 USD, likely to break put as the wedge gets tighter, MACD also showing a tighter formation leading to potential break out. RLUSD launch will drive price over 3.00 USD, this is an important week, 60% chance for upward price movement, else price can continue a strong correction to 1.92 USD of price breaks down at current support area of 2.32 USD area. #Xrpš„š„ $XRP
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XRP still in the range at 2.38usd but dropping to lower area of range into support area at 2.3 (range is 2.3 - 2.68), break below support will see decline to 1.92 support area.. there still psychological support at 2usd. No break out above 3usd due to mixed 60minutes interview that was politically focused. The above picture will remain till RLUSD kicks in, or even on key fundamental news from partners. #Xrpš„š„ $XRP
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XRP not showing signs of slowing down, just a quick overview on immediate price action- XRP currently broke under support area of 2.61 USD, it's next support area is 2.42 USD, excellent buy in point. Take Note: RLUSD launching tomorrow. $XRP #XRPMoonš
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Patience is key, XRP's time will come, important to observe case dates for Ripple over February to April. If XRP does not break over 0.85USD by February it will in March. Can most likely pull back into deeper support at 0.46USD before its push upward. #xrp
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IMO- XRP is in a tight squeeze between 0.60 USD and 0.64USD, all indicators showing potential break out in the upward direction, before end of January. However there might be a brief dip below 0.60USD to 0.56 USD #XRPBullRun
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