Technical Analysis Ripple (XRP) 01/14/2018
Ripple has been holding its 20 EMA quite well so far on daily chart. When volume comes in, it would take it towards its slanting resistance. Also, there is a strong support at 0.0001225 BTC which is 0.5 Fibonacci level and also prior support level. If it in case breaks its 05. Fibonacci level support, we might see it around its 0.618 Fibonacci level support which is also an 50 EMA (next strong support area) on daily.
Good Luck !!
Disclaimer :
This post is my personal opinion and is provided for informational purposes only. Don't consider buying or selling any crypto currency without conducting your own due diligence.
please tell what all these technical gibberish means. It should make sense to normal user.
I'll try to add some links for you guys to learn and try to make it for general public (non technical). Thanks for the suggestion.