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Author Topic: Ripple Recovers and Finds Support Above $0.80, Poises for Upward Move  (Read 820 times)

Offline Rockalo

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Ripple (XRP) has fallen to $0.86 low as price consolidates above the $0.80 support. For the past week, buyers and sellers appear to reach equilibrium above the current support. The price action is characterized by indecisive small body candlesticks called Doji and Spinning tops.

These candlesticks indicate the indecision between buyers and sellers about the direction of the market. On the upside, the bulls appear to have the upper hand as the price rallied to $1.10 since May 21. More information: please click here


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