Yokoj
Short

XRPUSD technical and fundamental analysis

KRAKEN:XRPUSD   XRP / U.S. Dollar
There is not much news coming out on ripple right now, and the market is very slow, with very low volatility . However the general feeling is mostly bearish , in order to see a bull run we need to sustain over the 0.40 USD region.
How ever in the short term, we can see the 8EMA is acting as a support and it just crossed over with the 18MA, which predicts a upwards trend. How ever I don't believe we will be seeing a big clim, but it can easily reach the 0.322 USD / 0.323 USD.
That upward trend can easily be followed by a fall to the 0.314 USD region.

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