Ok, now onto the analysis. The lows printed on 2/06/18 did not hold, as XRPUSD broke below briefly today. However, price quickly reversed back above with strong confirming the area as support. is heading up off lows, and and crossovers off lows all confirm the bounce so far. These are good signs, but follow-through is critical over the next 24 hours to consider the short term downtrend since 3/05 broken. The lows today cannot be broken for this story to remain true. Good news is that the risk reward of a position here is very good since we are not very far from where the case is proven wrong (ie. bottom is not in yet).
Longer term, price is below the 200 and 50 EMA's. Price moving above both these averages would be significant in the case for a resumption of the bull trend we saw dominating 2017. Alternatively, if the bear is still roaming wild, any rally attempts should be held back by these two averages. They are narrowing their gap every day with the shorter term average (50) moving down toward the longer term (200).
Short term , but cautious and paying attention to next 24 hours of price and .