XRP/USD Prices broke out of the resistance trend line on the 18th of Jan 2018 and made numerous attempts to break out of the price channel but was unsuccessful. Prices continued downhill but managed to bounce at the bottom of the price channel on 23 of Jan 2018. There appears to be a slight change in trading activities with prices hovering around the bottom of the price channel and also following the price curve. This could be a beginning of a possible uptrend provided prices hold within the price channel
Comment:
10.36 28/01/2018 - Prices have been hovering just below the price channel for the past two days. It needs to get back above the price channel in order to continue to the upside