FX.co ★ Technical Analysis of Intraday Price Movement of Ripple Cryptocurrency, Friday, March 17 2023.

On the 4-hour chart the Ripple Cryptocurrency appears to be moving in a ranging/sideways condition but under Bearish pressure which is indicated by the price movement moving in the direction of the decreasing (red) trendline but currently it is stuck in the Support area formed by the Bullish Rejection Block Currently, Ripple is gaining momentum to rally up to the 0.3706 level as the first target and the 0.3744 level as the second target. However, all of these scenarios will fail if on the way to the upward rally, Ripple suddenly reverses and corrects downwards past the 0.3546 level.

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