XRP
Short

XRPUSD approaching resistance, potential drop!

XRPUSD is approaching our first resistance at 0.3261 (horizontal overlap resistance, 61.8% Fibonacci extension, 23.6% Fibonacci retracement) where a strong drop might occur pushing price down to our major support at 0.2859 (horizontal swing low support).
RSI (21) is also approaching our resistance where we might see a further drop in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
Chart PatternsForexforexsignalsforextradingHarmonic PatternsTrend AnalysisUSDxrpxrpusdxrpusdllongxrpusdshort

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