Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice.While the market-wide bloodbath seemingly came to a short-term rest, XRP bulls finally had some breathing room to propel a near-term recovery on the charts.
XRP’s rebound from the $0.307-mark chalked out a three-week trendline support level (white, dashed) over the daily timeframe.Meanwhile, buyers strived to breach the immediate supply zone (green, rectangle) around the $0.37-$0.39 range.
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