Gobabacom

XRPUSD - Waiting for a breakout

KRAKEN:XRPUSD   XRP
We are watching 0.4380 and 0.4750 levels for a potential breakout. Stochastic is at overbought which increases the chances of a downwards move. If we see a break below 0.4380 support, we are going to follow a downwards scenario targeting 0.3880 first. Looking at the other direction, if XRP could break 0.4750, 0.5460 would be the next target.

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