Ripple price attacks the support – Analysis - 11-10-2018

Economies.com
2018-10-11 04:13AM UTC

Ripple price shows strong negative trades to attack 0.42 level and moves below it now, which turns the intraday track to decline, targeting heading towards the previously recorded low at 0.24 as a next main station.

 

Therefore, the bearish trend will be expected for today unless breaching 0.52 level and holding above it, noting that the price completes forming double top pattern that supports the expected decline.

 

Expected trading range for today is between 0.30 support and 0.50 resistance

Expected trend for today: Bearish

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