XRPUSD approaching resistance, potential drop!

٢٥ أبريل ٢٠١٩

XRPUSD is approaching our first resistance at 0.3128 (horizontal pullback resistance, 38.2% Fibonacci retracement, 61.8% Fibonacci extension) where a strong drop to our major support at 0.2953 (horizontal swing low support) might occur. Stochastic is also approaching resistance as well.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.