Huobi will soon be starting to list XRP contracts on the Huobi Derivative Market. More exchanges have already added XRP and even used it as a base pair. Currently, Ripple is priced at 0.30637. In technical analysis, on the daily timeframe, last Tuesday’s trading has created a strong bullish engulfing after a reversal hammer. We can also see a potential small Elliot wave and possible a small ABC Correction.
Meanwhile, StochRSI showing a rebound after the price reached the over sold territory.