Ripple retests – Analysis - 20-03-2018

Ripple price retests 0.72 level that was broken previously, which forms initial resistance barrier that supports the continuation of the recently suggested negative scenario, waiting to head towards 0.56 level again, reminding you that breaking this level will push the price towards 0.41 as a next station.

Therefore, we will continue to suggest the bearish trend in the upcoming period unless breaching 0.72 and the most important 0.82 levels and holding above them.

Expected trading range for today is between 0.50 support and 0.82 resistance

Expected trend for today: Bearish