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Ripple (XRP)






10/30/2018 1:38:38 AM

Ripple (XRP) - Technical Analysis: Tuesday, 30/10/2018 05:38 GMT



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Ripple price declines to move below 61.8% Fibonacci level, trading inside the descending channel, besides that stochastic is overbought.

These negative factors support the expectations to decline in the coming period, the next target is located at 0.38, and consolidating below 0.48 is important to continue the expected decline.

 

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Target
Risk


Support
Resistance


Trend Bearish

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