XRPUSD approaching support, potential bounce!

4 ธ.ค. 2018

XRPUSD is approaching our first support at 0.3070 (horizontal overlap support, 61.8%, 100% Fibonacci extension) where a strong bounce might occur above this level pushing price up to our major resistance at 0.4066 (horizontal overlap resistance, 61.8% Fibonacci extension, 38.2%, 23.6% Fibonacci retracement).
Stochastic (34,5,3) is also approaching support and we might see a corresponding bounce in price.
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