Ripple (XRP) has finally entered an ascending channel after a prolonged period of bearish momentum. The price has now found support above the 21 EMA and is likely to continue trading upwards in the ascending channel. RSI for the XRP/USD 4H chart above is now all set to break out of the triangle it has been trading in for the past few days. EMA alignment continues to remain bearish but there is hope of a trend reversal at this point.
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