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XRPUSD approaching support, potential bounce!

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BITFINEX:XRPUSD   瑞波幣
XRPUSD is approaching our first support at 0.4738 (horizontal pullback support, 100% Fibonacci extension, 50% Fibonacci retracement) where a strong bounce might occur above this level pushing price up to our major resistance at 0.5718 (horizontal swing high resistance, 78.6% Fibonacci retracement).
Stochastic (34,5,3) is approaching our support where we might see a corresponding bounce in price.
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