easyMarkets
Long

XRPUSD bounced off support, potential for a further rise!

BITFINEX:XRPUSD   XRP / U.S. Dollar
XRPUSD bounced off its support at 0.3195 (61.8% fibonacci extension , 78.6% fibonacci retracement , horizontal overlap support) where a potential further rise might occur pushing price up to our major resistance at 0.3905 (horizontal swing high resistance, 50% fibonacci retracement ).
Stochastic (89, 5, 3) is bounced off its support where we might see a further rise in price.

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