LeoPrime Daily Market Analysis

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XRPUSD : It continues to cruise inside its symmetrical triangle pattern.

The 100 SMA is above the 200 SMA to show that support is more likely to hold than to break. A candle closing below the triangle bottom could signal that XRP is in for a drop that’s the same height as the formation, which spans .3100 to .3300. Similarly, a move past the resistance could be followed by a rally of the same size.

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