XRP/USDT 1 day Analysis

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$0.445 appears to be a strong point for XRP and it has been tested 8 times during its retracement. For now, XRP is forming a consolidation area at $0.45~$0.55. As the price was largely affected by the Ripple lawsuits news, investors and traders are being very careful these days. Until they got a clear picture of it, the market is probably keeping trading sideways for a while. If the price falls down $0.445, bears could take $0.38 as the next target to conquer.