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Ripple on major support, prepare for a bounce!

Por Tickmill
Corretora
Ripple is testing major support at 0.8614 (78.6% Fibonacci retracement, horizontal overlap support, channel support)and a strong bounce could occur at this level to push price up towards 1.5341 resistance (50% Fibonacci retracement, horizontal pullback resistance).

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Chart PatternscrytocurrencyHarmonic PatternsrippleripplebreakoutrippleusdTrend Analysisxrpusd
Tickmill
Corretora
This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results
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