XRP
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XRPUSD approaching support, potential bounce!

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XRPUSD is approaching our first support at 0.2523 (61.8% Fibonacci extension, horizontal swing low support) where a strong bounce might occur above this level pushing price to our major resistance at 0.3748 (61.8% fibonacci extension , 23.6% Fibonacci retracement , horizontal overlap resistance). Stochastic (89,5,3) is also approaching support and we might see a corresponding bounce in price.

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Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.

Feragatname

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