Please be noted that I'm just giving the possible higher or lower levels developing according to the chart patterns. It's my own analysis. You should conduct your own research when making a decision.
Ripple is trading above the 20-day EMA, and it sustained above $1 level for two days. These are signs of recovery. I recommend open long position at the current levels with the first target at $1.50 where 50-day SMA is now. This level should be watched carefully as it may provide strong resistance.
On the other hand, any dips towards $1 level should be taken as a buying opportunity. Ripple will only be negative if it goes under $0.87 level.
Ripple is trading above the 20-day EMA, and it sustained above $1 level for two days. These are signs of recovery. I recommend open long position at the current levels with the first target at $1.50 where 50-day SMA is now. This level should be watched carefully as it may provide strong resistance.
On the other hand, any dips towards $1 level should be taken as a buying opportunity. Ripple will only be negative if it goes under $0.87 level.