Midday update for Ripple 16-05-2018

Economies.com
2018-05-16 09:30AM UTC

Ripple price did not show any strong move since morning, to remain stable below 0.77, noticing that stochastic loses its bullish momentum to reach the overbought areas.

 

Therefore, we will continue to suggest the bearish trend for today, reminding you that our main targets begin by breaking 0.65 to open the way to head towards 0.58.

 

Expected trading range for today is between 0.50 support and 0.77 resistance

Expected trend for today: Bearish

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