[ad_1]
- The XRP / USD sees a strong recovery in the second half of Monday, rising by 7%.
- In addition to a couple of barriers through the confluence detector, there is not much to do for full recovery from the last drop, triggered last week.
Ripple's XRP initially started the session on Monday, trading widely for the first part of the day. However, even in the second part of the day, a rising wave has spread throughout the market. As a result, the XRP / USD has now increased by 7%.
Looking through the daily chart display, the XRP / USD was only one step to go down to a sub- $ 0.3000. The significant daily support came just under $ 0.3200, otherwise the price could have traded within the territory of the price of $ 0.2800.
In terms of the daily confluence detector, eyes on heavy upward barriers, which could cause bull problems in their recovery. First, $ 0.3493, Fibonacci weekly 38.2% and then $ 0.3528, Fibonacci monthly 38.2%, 50SMA daily, Fibonacci daily 161.8%.
XRP / USD daily confluence detector
