XRP Price Analysis: XRP Consolidating

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By Dmitriy Gurkovskiy, Chief Analyst at RoboForex On Friday, February 19th, the XRP is consolidating, balancing near 0.5280 USD after a rather volatile week. On D1, XRP/USD keeps correcting upon sky-rocketing. We suggest that currently, the quotations can break through 61.8% Fibo and go on declining. The aim of the pullback is 0.4495 USD (50.0% Fibo). The MACD histogram is above zero, declining, which is another signal for further correction. Upon testing 50.0% Fibo, the pair might develop ascending dynamics with the aim at 0.7100 USD. On H4, the quotations are testing 61.8% Fibo. They might break through it and head

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