Ripple approaching support, potential to bounce strongly!

13 במרץ 2018

XRPUSD is approaching major support at 0.7339 (Fibonacci extension, horizontal swing low support) and a strong bounce could occur at this level to push prices all the way up to 0.8320 resistance (Fibonacci retracement, horizontal overlap resistance).

Stochastic (34,5,3) is seeing major support above 2.8% and a corresponding bounce could occur above this level.

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