Cryptocurrency

Ripple price heads towards the target – Analysis - 29-01-2019

2019-01-29 05:25:34 GMT (Economies.com)

Ripple price traded negatively in the previous sessions, to move below 0.30 barrier now, on its way towards our main waited target at 0.24, which supports the continuation of our bearish overview, reinforced by the negative pressure formed by the EMA50.

 

We should note that breaching 0.31 will push the price to test 0.42 level before any new attempt to decline.

 

Expected trading range for today is between 0.24 support and 0.31 resistance

Expected trend for today: Bearish

 

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