XRP Price Analysis for May 15th – XRP Switches to Correction

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By Dmitriy Gurkovskiy, author at RoboForex Blog On Friday, May 15th, the XRP rate is correcting after the recent growth. The cryptocurrency is generally trading at 0.2023 USD. On D1, XRP/USD keeps forming an uptrend after a correction. Upon correcting from 50.0% Fibo, the quotations are trading near 38.2%. At the current stage, this may signify the end of the pullback and further growth. If the pair breaks away 50.0% Fibo, it has all chance to reach the next step at 61.8% inside the ascending channel. The MACD histogram is in the positive zone, and the signal lines have formed a

The post XRP Price Analysis for May 15th – XRP Switches to Correction appeared first on The Merkle News.

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