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Ripple : Breakout within 48 hours

Ripple (XRP) is supported by a rising trend-line and is close to a break either upside or downside , hours will tell. We must see a break within the coming 48 hours.


A break to the downside will put extreme pressure on the critical support area at 1.14$ which might be broken then. Next support will be at 1.05$

The pair will face some resistance on the upside before a break up at 200 MA on the 1h chart which currently lies at 1.30$ .

Ultimate target before a real break out and beginning of another bull trend will be testing of 2.30$ area. Keep following for updates.

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Ripple : $xrp breaks the double bottom

Ripple ($xrp) breaks below 1.14$ where it formed a double bottom last week and that came shortly after breaking out as expected earlier today. The pair broke the bullish trendline and fall below the critical support at 1.14$ , now we will watch how the pair will react at 1.05$ which represents our final defense area.