Ripple Cost Technical Analysis– XRP/USD Rises Previous $0.2400.

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Ripple Rate Technical Analysis– XRP/USD Rises Past $0.2400 Published on 5:08 am October 6, 2017 Author Aayush JindalCategories Altcoins, Analysis, move greater and it might even challenge the$0.2500 level in the near term.Ripple price powered greater against the US Dollar and Bitcoin. XRP/USD might continue to get pace and could even break$0.2500. Ripple Cost Bullish Pattern Throughout the past couple of days, there was a sharp rise in Ripple price above the$0.2100 level against the US Dollar. The other day, I discussed that the price may continue to move greater and the next significant hurdles are $0.2400 and $0.2500. The price extended its gains and was able to move past the $0.2400 deal with. A high was formed at $0.2446 and the cost later on started a downside correction.It is presently checking the 23.6%Fib retracement level of the last wave from the $0.2010 low to $0.2446 high. Furthermore, there is a significant bullish trend line forming with support at$ 0.2340 on the hourly chart of the XRP/USD. As long as the price is above the pattern line support at $0.2340, it may return above $0.2400 and might even trade towards $0.2500. On the other hand, a break and close below …