The current supply zone as well as the 88.6% retracement convinces me of a upward climb from ripple. Multiple Time Frame Analysis gives good indication towards it, I don't believe the downtrend will last for long.
Price came off the 61.8% and is making its way down for a strong and steady sell position.
Price broke through the downtrend, came back for a retest and now price seems to be taking off for a long. After retracing at the 61.8% and retesting the breakout. As soon as price breaks structure, we can set soaring.
Missed the retest but price bounced off a Demand Zone, between 38.2% and 50%. Weekly Downtrend shows signs of another retest, though i wouldn't hold my breath. Gonna look for future entries.
Price bounced off the H4 88.6% retracement level and the H1 Demand Zone, however a retest at the 50% level is possible. Be aware around that level be extremely vigilant for any reversal patterns.
On the H4 TimeFrame price retraced at the 38.2% level moving further down, and the maintenance of the market structure on the lower timeframes confirms my analysis, as well as many bearish engulfing patterns
After breaking an Ascending Triangle, price shot up with a strong bullish candle. Price is currently holding the 61.8% Retracement level, continuing in it uptrend.
Price is currently in a supply zone, Strong resistance confirms a downward push and it will respect the larger time frame downtrend line.