candle. The resistance above Kijun sen (white line) is the Cloud at 2.46.
Support from here is the previous low, and cluster around
1.50. The candle will likely attract many hopeful buyers who wants
to be early on the next Ripple train going north. A smaller pullback
from here will find support around 2.00 . Only a counter move and
close below the current big green candle, will remove the bias for a
larger bounce and reversal from here. Ultimately, a breaching of
the Cloud will reestablish the , but the projected
Cloud is thick which tend to give additional resistance and typically
some consolidation before a breakout above it.
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