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XRP/USD remains under key resistance levels. Price so far has managed several times to break above $1.60-$1.65 resistance but every time sellers dominated buyers. XRP/USD bears remain in control of the trend as long as price is below $1.55 at least.
XRP/USD is making lower highs below the red downward sloping resistance trend line. Price needs to break above $1.56 in order for bulls to hope for a trend change. Since the high of $1.97 trend is bearish as bulls are unable to start a new trend with higher highs and higher lows. Price has made a lower high at $1.76 and as long as price is below that level, bears still have hopes for a move towards $1 and lower. Bulls will make a first step towards reclaiming the trend if they break above $1.56.
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