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Short

XRPUSD reversed off resistance, potential drop!

BITFINEX:XRPUSD   Ripple / U.S. Dollar
XRPUSD has reversed off our first resistance at 0.4000 (horizontal overlap resistance, 61.8% Fibonacci extension , 23.6% Fibonacci retracement ) where a strong drop might occur below this level pushing price down to our major support at 0.3596 (61.8% Fibonacci extension , 61.8 % Fibonacci retracement ).
Stochastic (21,5,3) has reversed off resistance and we might see a corresponding drop in price.

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