Huobi will soon be starting to list XRP contracts on the Huobi Derivative Market.
More exchanges have already added XRP and even used it as a base pair.
Currently, Ripple is priced at 0.30637.
In technical analysis
, on the daily timeframe
, last Tuesdayâ€™s trading has created a strong bullish engulfing
after a reversal hammer
. We can also see a potential small Elliot wave
and possible a small ABC
Meanwhile, StochRSI showing a rebound after the price reached the over sold territory.
0.3200 Max resistance
0.2906 Max support
Sentiment is neutral.