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XRPUSD Simple Support and Resistance 🧐

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BITSTAMP:XRPUSD   Ripple
Looks like we might’ve just confirmed the long term important $0.50 level as support on the 4H. We’ll see how it plays out, but looks like a pretty straight shot from here to $0.65 now that we’ve pulled back from $0.55.

Also, looking like we’re about to close with a bullish engulfing pattern on the weekly, so could be further confirmation that good times are ahead for XRPUSD. A convincing break of $0.65 perhaps? đŸ€”â“
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