Ripple Bulls Now Pushing:
Price Analysis:
Ripple bulls trying to push the price from last three days. Currently, the price is trading at $.391. Price is heading toward the resistance of $.45. Price is trading above 200 days MA. The trend seems bullish onwards. If bulls stay strong, the Price level of $.451 can be seen within a few days. Trading volume is also decreasing continuously. Global exchange.
Globalxchange. RSI bounced back from the level of 50. Currently, the RSI value is 56.4. Stochastic is also near 50 marks. Showing an increase from buying side. Ichimoku cloud is not indicating the bullish trend. Conversion Line is moving flat and above the baseline. Ripple market seems bullish to reach the target of $.45.
Strategy:
Global exchange. Price bounces back from the support of $.36. This is a positive sign for the market of the ripple. Ichimoku cloud is small but green. We can expect an upward swing from here.
If RSI crosses its trend line, look for exiting the trade. Right now we can take a position in the swing. The target for the trade will be $.45. If the trade goes south price level of $.36 can be seen again. Globalxchange.
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