It appears that there is no good news for Ripple at the moment. I'm staying pat on this one for now. If I were to do anything, it would be a spread of orders between the two centered on the current price. This would require close monitoring and constant updating. Too intensive I think for 99.9% of traders.
With BTC turning south again as can been seen on the chart in a light blue line, the pressure is downward for Ripple. There is some technical reason to hope for a bounce from the lower yellow of the descending . If we get some news or BTC turns up, look for resistance to the price at the upper yellow line of the .
Falling trade is no help either. See the yellow on the chart.
The and the are pointing down, with the about to re-enter the oversold zone.
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