KEY CLOSE FOR XRP!
XRP has been trading inside of this descending channel for quite some time now while heading down with the rest of the market. We have managed to hold supports, and currently broke through the 0.6 FIB level and we are now looking to hold this level for DC. This would also give XRP a very likely chance to break out of this descending channel that keeps putting pressure on us to the downside. The RSI is coming slightly down after getting closer to that midpoint line at 50. If we can succeed with breaking through and staying above this we will be looking at a confirmed uptrend for XRP! Looking at the MACD we are looking bullish and almost fully flipping the the upside so this indicator is very important to watch. Also watch for that first green bar on the histogram as this would be a very bullish sign. Not financial advice just my opinion!
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