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Jan 17, 2019 1:37 AM

XRPUSD approaching support, potential bounce! Long

XRP / DollarBitfinex

Description

XRPUSD is approaching its support at 0.3195 (61.8% fibonacci extension , 78.6% fibonacci retracement , horizontal overlap support) where a potential bounce might occur pushing price up to our major resistance at 0.3905 (horizontal swing high resistance, 50% fibonacci retracement ).
Stochastic (89, 5, 3) is approaching its support where we might see a bounce in price.

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