Ripple price is stable – Analysis - 18-10-2018

Economies.com
2018-10-18 04:36AM UTC

Ripple price settles near 0.46 level since yesterday, and the price keeps its stability below the critical resistance at 0.52, keeping our bearish trend expectations valid until now, supported by stochastic move within the overbought level, waiting for bounding lower to head to 0.42 then 0.24 levels as next stations.

 

Breaching 0.52 level will stop the negative scenario and leads the price to target 0.60 then 0.69 levels initially.

 

Expected trading range for today is between 0.35 support and 0.52 resistance

Expected trend for today: Bearish

 

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