XRPUSD Long bias

24 thg 8, 2017

XRPUSD has been in a downtrend after reaching $0.3900, but few days ago price went back to . $0.2900 and broke our downward trendline. We would like to see a retracement on $0.2200 area which we can see a strong support and 61.8% retracement level. It was not clear how the price surges few days ago but according to rumors it is because of volume trades by the KOREAN traders, Its not sure because I more on technicals and I don't focus much on the fundamentals. I am excited what will this currency bring to the table. I can see it coming back to $0.39 area and breaking to the upside further.