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XRP Price Technical Analysis January 31


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What I don't understand is why this kind of analysis is focused on Ripple only.

Just take this sentence :

"The price of Ripple decreased further and was negotiated below the support area of $ 1.1250 against the US dollar.
There is a  downtrend line that is formed with a resistance of $ 1.0800 on the hourly chart of the XRP / USD pair.

The pair is in a bearish trend and will most likely continue to pit sellers up $ 1.1000."

Isn't exactly what happened ( except for the scale of the price) to almost all the top 10 coins in market cap lately?

I mean, you can almost perfectly supeimpose the charts for those coins and the result would be quite the same, and we know it is not due to a particular weakness of the coin itself but just because instead of sidelining, it has been dragged down by BTC and its hideus bots.

 

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