XRPUSD approaching resistance, potential drop!

XRPUSD is approaching our first resistance at 0.3985 (horizontal swing high resistance, 61.8% Fibonacci extension, 61.8% Fibonacci retracement) where a strong drop might occur to our major support at 0.3479 (horizontal pullback support, 50% Fibonacci retracement).
Stochastic is also approaching resistance.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.

Chart PatternsHarmonic PatternsTrend AnalysisUSDxrpxrpusdxrpusdshort

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