Ripple above major support, prepare for a potential bounce!
Ripple remains above major support at 1.2007 (Fibonacci retracement, horizontal overlap support) and a potential bounce could occur at this level to push price all the way up to 1.7564 resistance (Fibonacci retracement, horizontal overlap resistance).
Stochastic (55,5,3) is seeing major support above 39% where a bounce could occur in the intermediate future. It also has good upside potential.
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Losses can exceed the initial investment so please ensure you fully understand the risks.
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