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On the 4-hour chart, we see that Ripple is heading toward the $0.2445 level, although there is a potential reversal of this cryptocurrency. This scenario has been already confirmed by the Stochastic Oscillator above the overbought level. As long as Ripple does not retrace lower than the $0.2153 level, the bullish scenario is set to continue.
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The material has been provided by InstaForex Company - www.instaforex.com