Ripple is on the move

16 oct. 2018

XRPUSD is trying to go up with the help of fresh buyers that came at 0.38 support level, however, the middle bollinger band proves to be a strong resistance for the moment. Stochastic is upwards so our main scenario is a break above the middle bollinger band and then targeting 0.6250. On the other hand, if we dont see a break above the resistance, and if 0.38 support cant hold, our scenario will turn downwards targeting 0.2460.