@dashingdachshund
The relief rally is expected to face selling at the 20-day EMA ($2.93), which is sloping down. The XRP/USDT pair will complete a bearish descending triangle pattern on a break and close below $2.73. That could start a downward move to $2.20.
Buyers will have to thrust the price above the downtrend line to negate the bearish pattern. The XRP price may then rally toward $3.40, signaling that the pair may remain stuck between $2.73 and $3.66 for a while.
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