Ripple found support on the Horizontal ray from the March 18th Lower Low and based on that support made a break out on the current 1D Channel Down (RSI = 42.664 on neutral CCI = -46.1905, Highs/Lows = 0.000). With 4H picking up on bullish pace (STOCH = 71.541, B/BP = 0.0120), we can expect 0.65154 until Friday. Since the 1W support is located just below = 0.46014, it's worth strategically to add long positions (on each of those two supports) for a medium term TP = 0.70894.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.