Ripple price within tight track – Analysis - 22-05-2018

Economies.com
2018-05-22 01:13AM UTC

The tight range dominates Ripple price trading, and the negative effect of the double top pattern still active as long as 0.77 level remains intact, waiting to break 0.65 level to confirm opening the way to head towards 0.58.

 

Therefore, we will continue to suggest the bearish trend in the upcoming period unless breaching 0.77 followed by 0.84 levels and holding above them.

 

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

Expected trend for today: Bearish

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