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Apr 18, 2019 1:23 AM

XRPUSD approaching support, potential bounce!  Long

XRP / DollarBitfinex

Description

XRPUSD is approaching our first support at 0.3245 (horizontal overlap support, 100% Fibonacci extension, 61.8% Fibonacci retracement) where a strong bounce might occur above this level pushing price up to our major resistance at 0.3985 (horizontal swing high resistance, 61.8% Fibonacci extension, 61.8% Fibonacci retracement).
Stochastic is also approaching support where we might see a corresponding bounce in price.
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Comments
Poukitoun
Nice one!
Check this out!
:)
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