XRP has reversed off our first resistance at 0.5468 (100% Fibonacci extension, 38.2% Fibonacci retracement, horizontal swing high resistance) where a strong drop might occur below this level pushing price down to our major support at 0.3804 (100% Fibonacci extension, 76.4% Fibonacci retracement, horizontal overlap support). Stochastic (55,5,3) has reversed off our resistance resistance and we might see a corresponding drop in price. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.