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XRP Long-Term Price Analysis – March 24
Price Analysis xrp-long-term-March-24
- The price of XRP seems to be consolidating in the coming days or weeks, which could come close to $ 0.30.
- Investors can currently consider getting into a long position on cryptocurrency
Long-term trend XRPUSD – Ranging
- Distribution Territories: $ 0.40, $ 0.45, $ 0.50
- Accumulation Territories: $ 0.25, $ 0.20, $ 0.15
The price of XRP is trading in a specific range and has moved closer in recent weeks to $ 0.30. The 14-day SMA was unable to move away from the 50-day SMA.
XRP Chart by TradingView
Stochastic oscillators are apparently trying to cross the 40 range. The price of the XRP seems to be consolidating in the coming days or weeks, which could come close to $ 0.30.
Investors may currently consider entering a long position on cryptocurrency, while traders should wait for its price to evolve in a manner appropriate to their strategy.
The views and opinions expressed herein do not reflect those of CryptoGlobe.com and do not constitute financial advice. Always do your own research.
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