easyMarkets

XRPUSD reversed off resistance, potential for further drop!

Short
Price is approaching our first resistance (horizontal swing high resistance, 50% Fibonacci retracement, 61.8% Fibonacci extension) where we might see a corresponding drop to our first support level (horizontal swing low support, 100% Fibonacci extension).
Stochastic is also approaching resistance where we might see a corresponding drop in price.
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