Ripple price shows reversal signals – Analysis - 24-12-2018

Ripple price shows new positive trades on its way to test the key resistance 0.42, getting continuous positive support by the EMA50, which supports the chances of continuing the rise and breaching the mentioned level to open the way to achieve more gains on the intraday and short term basis.

Therefore, the bullish bias will be expected in the upcoming sessions unless breaking 0.34 level and holding below it, noting that the next positive target is located at 0.52.

Expected trading range for today is between 0.35 support and 0.50 resistance

Expected trend for today: Bullish