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3.14 Early Morning XRP Analysis
The daily chart is holding the strong support of 1.30–1.34, with the downtrend slowing down. Buying interest is evident, the 4-hour Bollinger Bands are contracting, RSI is turning upwards, there is strong demand for a rebound after overselling, and the broader market recovery is driving capital inflows. XRP is accumulating at low levels, a breakout is imminent.
Trading Suggestion: Long in the 1.35-1.38 zone, targets at 1.42, 1.46