Forex_Academy
Long

Ripple edged higher

BITFINEX:XRPUSD   XRP / U.S. Dollar
XRP/USD rallied and it has resumed the yesterday's increase. Price should pressure the 250% Fibonacci line after the failure to stay below the broken downtrend line.
You should know that a failure to reach and retest the 250% Fibonacci line could signal an overbought again. It could increase on the short term as long as it stays above the 0.45410 level.

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