XRPUSD is approaching our first support (horizontal swing low support, 61.8% Fibonacci extension, 78.6% Fibonacci retracement) where a strong bounce to our resistance (horizontal pullback resistance, 50% Fibonacci retracement) might occur. Stochastic is also approaching support where we might see a corresponding bounce in price. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.