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ThinkingAntsOk

"XRP (Ripple) bouncing from the Support Zone?" by ThinkingAntsOk

Long
XRP (BITFINEX:XRPUSD)  
ThinkingAntsOk  
BITFINEX:XRPUSD   XRP
Support and Resistance Trend Lines Multiple Time Frame Analysis xrp crypto ripple xrpusd Cryptocurrency cryptolong
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supportandresistance trendline mtfa xrp crypto ripple xrpusd cryptocurrency cryptolong
Daily Chart Explanation:

- Price is on a Descending Channel on Weekly Basis.
- Price bounced from the Support Zone.
- Bullish Divergence on MACD.
- If price starts its up move from here, it has potential to go towards the Weekly Descending Trendline and, if price breaks it, there is potential to move up towards the Resistance Zone.

Weekly Analysis:
snapshot

Updates coming soon!
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