XRPUSD approaching resistance, potential drop!

XRPUSD is approaching our first resistance at 0.3312 (horizontal swing high resistance, 61.8% Fibonacci retracement, 61.8% Fibonacci extension, Elliot wave structure) where a strong drop might occur to our major support at 0.3134 (horizontal overlap support, 61.8% Fibonacci retracement).
Stochastic (89,5,3) is also approaching resistance where we might see a corresponding drop in price.
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