Cryptocurrency

Ripple price tests the moving average – Analysis - 15-01-2019

2019-01-15 04:53:12 GMT (Economies.com)

Ripple price tests the EMA50 now, noticing that stochastic loses its positive momentum clearly to move inside the overbought areas, waiting to motivate the price to resume the expected bearish trend on the intraday and short term basis, which depends on the price stability below 0.42 level, while our next target is located at 0.24.

 

Expected trading range for today is between 0.28 support and 0.36 resistance

Expected trend for today: Bearish

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