Ripple false breakthrough
XRPBTC pair tested the 0.00012 resistance level recently. The breakthrough failed due to low volatility across markets and lack of positive feedback, and Ripple got back in the correctional channel 0.0001 - 0.00012.
From the downside, we have minor support on the 0.0001125 and a strong level 0.0001, supported by the support zone and 61.8% Fibo.
From the upside - 0.00012 - 0.00013 resistance zone.
For the nearest days expect lateral movement.
From the downside, we have minor support on the 0.0001125 and a strong level 0.0001, supported by the support zone and 61.8% Fibo.
From the upside - 0.00012 - 0.00013 resistance zone.
For the nearest days expect lateral movement.
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