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Crypto Technicals: XRP/USD Technical Analysis Summary

Major Support Levels: S1: 0.2666 (4H 200 SMA) S2: 0.2651 (5W SMA) S3: 0.2460 (Aug 28 low)

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Crypto Technicals: XRP/USD Technical Analysis Summary
Crypto Technicals: XRP/USD Technical Analysis Summary

Exchange - Kraken

Major Support Levels:

S1: 0.2666 (4H 200 SMA)

S2: 0.2651 (5W SMA)

S3: 0.2460 (Aug 28 low)

Major Resistance Levels:

R1: 0.2740 (21-EMA)

R2: 0.2792 (5-DMA)

R3: 0.2844 (55-EMA)

XRP/USD Chart:

Summary: XRP/USD takes a breather after 5 straight sessions of downside. Recovery lacks traction. Price is currently holding support at 4H 200 SMA. Break below will see resumption of downside.

Guidance: Stay short below 4H 200 SMA (0.2666), target-1: 0.2460, target-2: 0.2332.

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