Technical Analysis Ripple ( XRP ) 01/10/2018

in #bitcoin7 years ago

Ripple has been moving around its 20EMA (0.00012610 BTC i.e. $1.75 ) and have to wait to see if that holds. There is also horizontal support at (0.00012000 BTC i.e. $1.67 ) which is also 0.5 Fibonacci level (good support area). We may see a trend reversal soon. If none of them holds we might see it dropping to wards its 50 EMA (0.00008845 i.e $1.23).

Good luck !!

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Disclaimer :
This post is my personal opinion and is provided for informational purposes only. Don't consider buying or selling any crypto currency without conducting your own due diligence.