RIPPLE XRP needs to hold the 61.8% fibo support area to change trend and stay on the upside. As long as it holds that support level we can definitely see the price going towards the 38.2% fibo resistance area for short term profits. There will be some testing done when it approaches the 50% resistance level and buying volume will play a big role here to push the price upwards to reach the 38.2% Fibonacci, But until and unless the over all trend and sentiment changes about the crypto currency it will stay range bound till that time.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.