Hello my Ripple (XRP) traders, hope you're doing well!
In the latest idea, Ripple had broken the lows at 51 cents, and I was showing you, how the pattern can repeat itself with the bottom at 47 cents: It is exactly what we got, and I personally made beautiful more than 10% gains up until here already.
Right now we're hugely oversold and still cooling of RSI on almost all of the Alts.
Should we get continuation from the descending triangle on the 15min, next big support is at 37,4 from the previous highs of the downtrend. In order to change the trend, the bulls have to break 43 cents.
Keep in mind the correlation to grandpa Bitcoin: All eyes are on the important 6.100-5.800 support of BTC: The break here will determine cryptos future for the coming months. (See my seperate video on BTC)
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