Bearish bias.
The market is clearly bias as it is making lower highs, but at the same time is making higher lows, so, something similar to a wedge formation, I personally think the 0.20-0.25 USD region is a potential region where we can arrive, but at the same time looking with a bit of perspective, the 0.30 USD region is a region where worth to accumulate.
If you are going to trade short-term this is a nice accumulation region with a target on 0.24$ region.
If you are goin in long-term, this is a nice accumulation region, where the risk reward is quite big, moreover, if you are under long term accumulation, the 0.30$ region is key, and the 0.25$0-20$ is the next one, I personally have accumulated some ripple within this region, and then if the price comes down, I will accumulate a bit more as I normally do long term trading.
The region where I expect to not arrive is the 0.15$ region, as I expect the 0.20$ region to be the are where the bounce happen and then starting a new uptrend leaving behind the 0.20-0.30$ region.
Disclaimer: This is what I think, but not what you should do, this is not an investing advice, I am not responsible about your potential losses or wins.
Your capital is in risk.
The market is clearly bias as it is making lower highs, but at the same time is making higher lows, so, something similar to a wedge formation, I personally think the 0.20-0.25 USD region is a potential region where we can arrive, but at the same time looking with a bit of perspective, the 0.30 USD region is a region where worth to accumulate.
If you are going to trade short-term this is a nice accumulation region with a target on 0.24$ region.
If you are goin in long-term, this is a nice accumulation region, where the risk reward is quite big, moreover, if you are under long term accumulation, the 0.30$ region is key, and the 0.25$0-20$ is the next one, I personally have accumulated some ripple within this region, and then if the price comes down, I will accumulate a bit more as I normally do long term trading.
The region where I expect to not arrive is the 0.15$ region, as I expect the 0.20$ region to be the are where the bounce happen and then starting a new uptrend leaving behind the 0.20-0.30$ region.
Disclaimer: This is what I think, but not what you should do, this is not an investing advice, I am not responsible about your potential losses or wins.
Your capital is in risk.