XRP Could not reach the R1 Pivot

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XRP Could not reach the R1 Pivot
Ripple / Dollar BITFINEX:XRPUSD
Forex_Academy

The price of the XRP reports a slight increase of 1.73% in the last 24 hours without showing a significant recovery and remains below $ 0.55, the price did not reach in its short recovery the R1 Pivot in this 4 H chart and its moving now at $ 0.53, this level is important to maintain as it would avoid more losses in the short term, The resistance of $ 0.55 in R1 is quite strong and there must be a significant buyer impulse to take it above $ 0.56.

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