Ripple Price Analysis: Ripple finds support at important Fibonacci level

FX Street

Published date: 19 Feb. 2020 | 23:57

All of the major cryptos fell in the US session and XRP dropped 6%.
The XRP/USD pair found support at the 50% Fibonacci level.

XRP/USD 4-Hour Chart

All the major cryptocurrencies fell on Wednesday in the US session.

The price of XRP/USD is down around 6% so far in the session.

Support has been found on the trendline which confluences with the 50% Fibonacci retracement.

Just below that level, the red support zone also matches a Fib level at the 61.8% retracement zone.

Ripple

Additional Levels

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