CryptographyCapital

XRP Bouncing from resistance to support..

BITFINEX:XRPUSD   XRP / U.S. Dollar
As XRP bounces from resistance $0.284 and support $0.252, we have two ways we could go, if we break either way we will shoot towards the next support which is a major on at $0.20, which i predict this is the way we are going to go.
I agree with this analysis. I come to the same conclusions whichever way I look at it from a TA perspective. Important to mention though, xRapid - Ripple's liquidity sourcing tool utiliising the XRP asset will be released shortly. Likely this will affect price positively as volume will ramp up...
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@Nick_Chanas, Looks like we hit the first resistance with exact perfection at $0.281
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