XRP: Tracing buying opportunities after this moving average crossover

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XRP: Tracing buying opportunities after this moving average crossover
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Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. XRP noted a golden cross on its daily chart. The altcoin saw an increase in its MVRV Ratio and social dominance. After consistent bullish efforts to snap the $0.38-level for over three months, XRP reclaimed critical […]

The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice.The altcoin saw an increase in its MVRV Ratio and social dominance.reclaimed critical support levels over the last three weeks.

While consolidating in the $0.3-$0.38 range for nearly three months, XRP unveiled mixed investor sentiments amidst the uncertainties in its ongoing lawsuit.In the meantime, the altcoin witnessed a bullish pennant pattern while the buyers inflicted an expected breakout over the last week. After an expected breakout, the 200 EMA exhibited rebounding inclinations.

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CryptoAmb /  🏆 22. in CA

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