BitcoinSymphony

Ripple whips it recent gains

BitcoinSymphony Updated   
BITFINEX:XRPBTC   XRP / Bitcoin
Against the background of increased interest to the Bitcoin recent growth, the XRPBTC pair has lowered below the 0.0001 key support level, which was a psychologically important level and technically supported the bullish bias. For now, the price returned to the Support zone of the global uptrend and will test the lows again.
From the upside 0.0001 level will stay as important resistance for the beginning of the new uptrend. From the downside, bottom levels 0.00009 and 0.000085 along with 200-days EMA will play a support role.
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