XRP/USD ANALYSIS

The previous support at $0.56270 is acting as a resistance.

If Ripple doesn’t break above this level quickly,

it will continue to fall towards the final support at $0.45351.

We anticipate a strong buying close to this level because if this breaks, the next support lies way lower at $0.24.

The XRP/USD pair will turn bullish only on a breakout of the downtrend line

of the descending triangle. However, it will start to show

signs of recovery once it sustains above the recent swing high of $0.70292.

CHEERS