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After testing 9.3700E-06 numerous times, XRPBTC is once again approaching this price point. Can we expect a bullish trend to follow?

XRPBTC is heading towards 9.3700E-06 and could reach this point within the next 8 hours. It has tested this line numerous times in the past, and this time could be no different, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down to current levels.

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If you’re short XRPUSD you should be aware of the rapidly approaching level of 0.5686

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Resistance line breached by EUR/USD. This price has been tested at least twice before.

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