Permanecer 
Condiciones de negociación
Products
Herramientas
XRP/USD price made another dive yesterday towards $1.30 after getting rejected once again at the major resistance area of $1.55-$1.65. Short-term trend is vulnerable to a move towards $1.18-$1 as long as price is below $1.65.
Green rectangle - support
Blue lines - Fibonacci retracement
Price has so far retraced 61.8% of the rise from $0.88 to $1.76. Support is the recent low at $1.22. We warned traders in a previous analysis that a break below $1.35 would lead to a move towards $1.18 which was our next pull back target. Price so far reached $1.22. Breaking below $1.22 now would be a sign of weakness. This could lead to a move towards $1 or even lower. On the other hand bulls need to recapture $1.57 in order to hope for a trend reversal. So far price has made a higher low at $1.22. If bulls manage to make a higher high above $1.76 then we will have a strong bullish sign implying that a move above $2 is very close.
¡Los informes analíticos de InstaForex lo mantendrá bien informado de las tendencias del mercado! Al ser un cliente de InstaForex, se le proporciona una gran cantidad de servicios gratuitos para una operación eficiente.
