Ripple price activates the negative pattern – Analysis – 11-05-2018

Expected trading range for today is between 0.58 support and 0.84 resistance

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Ripple price succeeded to break 0.77 level and settled below it, to confirm completing the double top pattern that appears on the chart, paving the way to achieve our negative targets that begin at 0.65 and extend to 0.58.

 

Therefore, our bearish overview will remain valid for the upcoming sessions unless breaching 0.84 followed by 0.91 levels and holding above them.

 

Expected trading range for today is between 0.58 support and 0.84 resistance

Expected trend for today: Bearish

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