XRP / TetherUS

XRP/USDT possible next move? ๐Ÿ‘€๐Ÿš€XRP Today Analysis

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๐Ÿ’Ž Paradisers, it's time to observe #XRPUSDT closely, as it is making an intriguing move by trading in a demand zone, setting the stage for a potential bullish shift.

๐Ÿ’Ž Our analysis shows that #Ripple has been consistently following a descending channel trajectory, respecting the channel resistance three times. Currently, there are a few possible scenarios unfolding. If the price can uphold its momentum at the demand level of $0.5365, we might see a bullish move. However, should this scenario not play out, our focus will shift to a potential bullish rebound from a lower demand level at $0.4964.

๐Ÿ’Ž Another key point to consider is if #XRPARMY continues its downward trajectory and breaks below the demand level of $0.4964, this could lead to a significant bearish movement.

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