XRP is facing a very strong resistance at $0.75 area and it could correct towards $0.65 area before rallying sharply to $0.9 and $1.05 area in August. However, if it loses $0.65 area, it will fall. strong to the area of 0.55$ or even 0.5$

📈RED PLAN
🔴Buy : 0.635-0.665$ if A. SL if B 🔴Buy : 0.735-0.765$ if A. SL if B
📉BLUE PLAN
🔴Sell : 0.735-0.765$. SL if A 🔴Sell : 0.88-0.92$. SL if A 🔴Sell : 1.02-1.08$. SL if A
🟣PURPLE PLAN
🔵Sell : 0.635-0.665$ if B. SL if A 🔵Buy : 0.54-0.56$ if A. SL if B 🔵Buy : 0.49-0.51$. SL if B
❓Details
🕯Timeframe : 1 Day 📈Red Arrow : Main Direction as BUY & SELL section 📉Blue Arrow : Back-Up Direction as BACK-UP section 🟩Green zone : Support zone as BUY section 🟥Red zone : Resistance zone as SELL section 🅰️A : The Close price of candlestick is Above the zone 🅱️B : The Close price of candlestick is Below the zone

  • The XRP Ledger (XRPL) is an open-sourced distributed ledger powered by a network of peer-to-peer servers.
  • XRP is the digital asset native to XRPL. It is designed to function as a bridge currency, with the goal to "power innovative technology across the payments space" and enable "seamless, real-time, final, and cost-effective" global payments.
  • The XRPL also supports IOUs (obligation-like assets), which can represent a large variety assets (e.g. fiat currencies, gold, airline miles, credit card points, and other cryptocurrencies).
  • The XRPL offers a decentralized exchange, allowing for trading of IOUs and XRP. XRPL also offers some smart contract functionality and supports the network-agnostic Interledger Protocol.
  • The supply of XRP is capped at a total of 100 billion XRP, while the available supply of XRP is designed to decrease over time, as the accrued amounts of transaction fees are “destroyed”.
  • XRPL was initially released in 2012 and is maintained by community participants, prominently amongst them the company Ripple, which holds a large amount of XRP that are largely locked up and purpose-bound.