Ripple rebound...can it last?
XRP had massive correction from top. It’s now hovering on $1.36 level, it touched lower support on $0.89, which was also fib 0.326 level. Next resistance to the upside is on $1.63 which is crucial if we want to see higher prices. Daily chart is not looking good for now and we are not out of the woods, but this is part of crypto trading – there is a lot of movement connected to panic selling or FOMO buying. Its risky market and at the end its important that you hold coins that have some value, working product and liquidity. Now it’s the time to start looking charts step by step, if we see progress we are OK, but currently there is still a lot of bearish pressure on market so keep your SL close.
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