Technical analysis of Ripple for July 27, 2018


According to the 4-hour chart, Ripple now has a tendency towards the bullish bias. This condition is clearly seen by the price moving orderly in an upward channel. However, the Stochastic Oscillator is approaching the oversold area, so there will be correction a few days later, approximately next week on Monday or Tuesday, to test Ripple's nearest support level before the price goes up again as long as this Crypto Currency does not break out and closes below 0.4961. Thus, Ripple remains inside the bullish bias.


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