According to market data, the volume of Ripple trading (XRP) has increased by more than 2 percent in the last 7 hours to $ 1.5 billion. The current market value has also passed the XRP back to the top three ram.
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Technical analysis shows that the XRP price trend is upward and the resistance facing it is at $ 1.2 and $ 4.9. On the other hand, levels of $ 1.2 and $ 2.5 also play a role as a support if the price correction.
Analysts believe that if the volume of transactions persist and the uptrend continues, the breakdown of the $ 4 psychological border could pave the XRP way to conquer new peaks. Of course, traders must also monitor the price of Bitcoin and big news.
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