Ripple price below the moving average – Analysis - 12-07-2018
Economies.com
2018-07-12 03:54AM UTC
Ripple price hovers around the bearish channel’s resistance line, and the EMA50 keeps pressing negatively on the price, while stochastic shows negative signals now.
Therefore, these factors encourage us to continue suggesting the bearish trend in the upcoming sessions, which its next target located at 0.34, while achieving it conditions holding below 0.52.
Expected trading range for today is between 0.34 support and 0.52 resistance
Expected trend for today: Bearish
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