Ripple analysis: $0.3500 level offers strong resistance

Ripple analysis: $0.3500 level offers strong resistance

Ripple has been advancing on positive fundamental and technical developments, with the cryptocurrency gaining more than 30 per cent since breaking above the $0.2550 resistance level last week. Ripple analysis shows that that cryptocurrency faces strong technical resistance from the $0.3500 level and may be due for a downside correction before the next major up move takes place.