XRPUSDT → Pre-breakout base. Are the bulls back?

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XRPUSDT is attempting to break through the resistance of the trading range as part of a bullish run across the entire market. There is a chance that a breakthrough could form after a pullback...

snapshot

The market is gradually buying back the liquidation that occurred on October 10. Bitcoin is breaking the structure, which indicates a possible return of the bulls. This sets a positive tone for the cryptocurrency market.
XRP is testing resistance and entering a consolidation phase. The trigger that could provoke growth is 2.661. However, as part of the consolidation, the market may test support before growth in order to hunt for liquidity.

Resistance levels: 2.661, 2.739
Support levels: 2.587, 2.547, 2.500


Since the opening of the session, the market has formed a fairly strong momentum, and at the beginning of the European trading session, a correction may form before the growth continues. As part of the correction, XRP may form a pullback to 2.587 - 2.500.

Best regards, R. Linda!

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