4 Points to watch
I can't stay away from Ripple, it is under the spot now and at any time it can explode up again.
Here we clearly can see that things are not looking so good, but the recent news may help turning ripple higher.
1. If we break the blue trend line, around 2.12, thing will look good, but still can be false so prepare your stop loss
2. Fibonacci line at 1.7 it will be a deciding point, risky buy/sell.
3. Fibonacci 1.4 High demand zone.
4. Finally where things can't get any worse between 0.9 and 1. this probably will the last time (if it reaches that) that you will see ripple that cheap.
Here we clearly can see that things are not looking so good, but the recent news may help turning ripple higher.
1. If we break the blue trend line, around 2.12, thing will look good, but still can be false so prepare your stop loss
2. Fibonacci line at 1.7 it will be a deciding point, risky buy/sell.
3. Fibonacci 1.4 High demand zone.
4. Finally where things can't get any worse between 0.9 and 1. this probably will the last time (if it reaches that) that you will see ripple that cheap.
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