XRP Price Analysis for January 31

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XRP Price Analysis for January 31
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How much time does XRP need to keep the rise going? XrpYoyo ANT159694954 nuonrg WillyWonkaXRP RippleXrpie boncryp

XRP has followed the drop of Bitcoin , going down by 0.37%.

Despite the fall, the price of XRP is trading near the local resistance level at $0.4023. If buyers' pressure continues and the candle closes around that mark, the breakout may lead to the test of $0.4050 tomorrow. On the daily time frame, the situation is not so clear as the rate of XRP keeps trading in a wide range between the support at $0.386 and the resistance at $0.4225. If buyers want to keep the rise going, they need to get the rate back to the interim mark of $0.41.

The situation remains bearish on the daily chart against Bitcoin . However, the price might have found local support at 0.00001701. But it is too early to think about a possible rise as XRP needs more time to accumulate power for that.

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