EuroMotif

XRP may have Bottomed but Serious Resistance remains Above

BITFINEX:XRPUSD   ريبيل
XRP has been a disappointment as usual, but maybe there is hope.
It showed a pretty strong bounce, albeit from new untested lows.
If bulls push past a couple of resistances there is some open air above.

The fact that it bounced from "Moderate" Support is a good sign.
But perhaps it was lifted merely by the "Tide" of crypto-wide buying.
The upcoming Resistance zones will be the "Arbiters" of this bounce.

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