RIPPLE PRICES HESITATED,MORE RISE IS ANTICIPATED
Publish Date : 2019/08/26 - 10:14

RIPPLE PRICES HESITATED,MORE RISE IS ANTICIPATED


Ripple was able to close below support level at 0.2800$ against US dollar During the past week.

Then it traded below 0.2620$ and tested support area at 0.2580$.

After that,the price had a significant growth up to 0.2650$ and 0.2700$.Moreover.the price was able to break above resistence level at 0.2750$ and Moving average of 100 periods.

A swing high is formed at 0.2806$ and continue rising.

An upward trendline with support is formed at around 0.2680$ at XRPUSD Hourly chart.

There is an immediate support level at 0.2730$ that coincides with 50% fibo retracement.(the fibo level is drawn from 0.2658$ to 0.2806$)

If the price closes above 0.2800$,more rise up to 0.2900 and 0.2920$ is anticipated.

Source:Newsbtc


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