Ripple (XRP/USD) close to its local lows

Ripple has lost more than three percent in the past 24 hours. The currency pair is neutral and is close to its local lows. This is the moment of truth for the Ripple as this support is supposed to be very strong. However, if bears break it through, they will be able to push XRP/USD lower.

I still believe in Ripple, as I believe in other cryptos and mostly in Bitcoin. I think that they look promising, but time is needed. Ripple is close to its local lows as I have already mention and the currency pair is likely to jump off this area. I don’t think that bears will be able to jump over those lows.
My targets are still above. I think that Ripple is able to reach $0.5088 level in the nearest future. Not on Tuesday, that’s for sure, but for this week, I think it is reachable target.

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