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CryptoComes
Aug 2, 2018 5:20 AM

Ripple (XRP/USD) makes attempt to start the uptrend Long

XRP / DollarBitfinex

Description

Ripple has made almost three percent in the past 24 hours. The currency pair seems to end its bearish tendency as we had clear growth yesterday. My plans for Ripple are still actual and I have some confirmation of further growth.

Ripple has tested the support area at $0.4232 and went upwards later. The currency pair reached the resistance area at $0.4495 but failed to jump over it. XRP/USD started its local correction to that upside momentum later. As I have previously written, I have a confirmation signal there meaning I see a bullish Flag on the 4H chart. My target for the next couple of days is set at the resistance area at $0.4744.

Check the full crypto analysis HERE>>>.
Comments
Zenter
Growth in ripple means fast money entering to the market.
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