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XRP|USD - Holding $0.28 Support Don't Panic

BITSTAMP:XRPUSD   Ripple
XRP is holding the monthly support at $0.282. Green box on the chart is designated as the accumulation zone/entry zone.

You shouldn't panic unless XRP dips below this green accumulation zone. Take a look at the heavy wicks along the bottom of this level, conveniently the weekly support of $0.2695.

This week I expect the move to $0.33 to cool off, XRP barely closed above it, but now this $0.33 level is tested and the next target is $0.40 .

As always please do your own research, I am not a financial advisor.

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