Ripple is reacting off major resistance, potential bearishness!

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XRPUSD has reacted nicely off our major resistance at 1.0314 (Fibonacci retracement, horizontal overlap resistance) and a strong reaction could push price further down to 0.9558 support (Fibonacci retracement, horizontal pullback support).

Stochastic (21,5,3) is seeing a nice reaction off our major resistance at 89% and has good downside potential for the corresponding drop that could occur on price.

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