BITSTAMP:XRPUSD   XRP / U.S. Dollar
XRP failed to push through $1.25, and instead dropped to find support at $1.12 (just above the previous support level of $1.09/1.10). Price looks to be forming a weak inverted head and shoulders pattern with the neck line at $1.22. If the pattern succeeds, and the neckline breaks, a full H&S extension would bring XRP price back to the $1.32 resistance level .

Comments