Analysis - Ripple - 9th of October

in #crypto • 7 years ago

Here you go with today's analysis on Ripple (XRP)

Yesterday's rally for Ripple bypassed its Fibonacci retracement level of 38.2% which was its resistance level at 0.2500.

Now the coin is heading towards the trend-line resistance of 0.2850. We can expect some selling at this point, which may lead the coin to go back to 0.2577.

However, if it breaks above 0.2850 and closes above this level, then the next target for Ripple would be 0.3190

Make sure to follow these resistance and support levels, to make the most of your investment.

Cheers.

#cryptocurrency #money #bitcoin #blockchain
7 years ago in #crypto by
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     7 years ago 

    This is interesting, I owned some Ripple before and sold them for slight profits. However it might be a good idea to get some more in case the value rises again.

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     7 years ago 

    Thank you for the terrific post..

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       7 years ago (edited)

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