XRP Continues in Downtrend – Chance of ripple to gain high towards $0.3850 or $0.4000 in XRP price against USD. the pair traded higher and broke the $0.3850 resistance area. The pair then closer to $0.4000 level and formed a new weekly high at $0.3947. The price started downside corrections and traded below $0.3900 and $0.3800. The break traded below the 50% Fib retracement level of the last wave from the $0.31411 low to $0.3947 high. Global Exchange.
Globalexchange. From the above chart, XRP price could resume its uptrend towards $0.3700 or $0.3800. Above $0.3800, it revisits $0.4000. The price must stay above $0.3400 support. On the other hand risk of more losses towards the $0.3180 and 100 SMA. Globalxchange. MACD for the pair is in the bearish zone and RSI is currently flat near the 50 levels.
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