By Dmitriy Gurkovskiy, author at RoboForex Blog On Friday, May 8th, the XRP remains in a flat, slightly declining. It is generally trading at 0.2166 USD. On H4, XRP/USD is correcting the previous declining wave, moving in a mid-term ascending channel. The quotations rose to 50.0% Fibo but a divergence on the MACD proved the necessity of a short-term pullback. Now the quotations are moving in a local correctional “wedge” and declining to the support line and the level of 0.2085 USD. They might break it away; a Black Cross on the MACD is giving a reason for it. The aim
The post XRP Price Analysis for May 8th – XRP Stuck in a Flat appeared first on The Merkle News.
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