Ripple price breaches the resistance – Analysis - 14-09-2018

Ripple price breached the main bearish channel’s resistance and settles above it now, affected by the previously completed falling wedge pattern that its signs appear on the chart, which supports the chances of continuing the bullish bias in the upcoming sessions, targeting visiting 0.42 areas mainly.

Therefore, the bullish trend will be expected on the intraday basis unless breaking 0.27 level and holding below it.

Expected trading range for today is between 0.25 support and 0.35 resistance

Expected trend for today: Bullish