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XRP showing bearish signs

As seen by the chart, XRP is currently in a downward channel.

The gains over the previous days I see as a false break-out built on the news releases by Ripple.

Now we are seeing a major correction after all this news has been 'baked-in'

There is a small support level at .19,

I am currently hedging XRP to .19 and then will reanalyse to assess future buy in points of LONG and SHORT positions.

Trade at your own risk.

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