easyMarkets
Long

XRPUSD bounced off support, potential for a further rise!

BITFINEX:XRPUSD   XRP / U.S. Dollar
XRPUSD bounced off support at 0.3424 (horizontal overlap support, 76.4% Fibonacci retracement , 100% Fibonacci extension ) where a further rise might occur pushing price up to our major resistance at 0.4115 (horizontal swing high resistance, 61.8% fibonacci retracement ).
Stochastic (34, 5, 3) bounced off our support where we might see a further rise in price.

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