XRPUSD approaching resistance, potential drop!
XRPUSD is approaching our first resistance at 0.3439 (horizontal overlap resistance, 50% Fibonacci retracement) where a strong drop might occur pushing price down to our major support at 0.2880 (horizontal swing low support).
Stochastic (89,5,3) is also approaching our resistance where we might see a further drop in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
Stochastic (89,5,3) is also approaching our resistance where we might see a further drop in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
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