Ripple coin caught our attention with multiple touches to that 200EMA line, which usually has been acting as a good bounce zone but not right now.
We see a weakness to kick near that zone and also no big volume, which could push the price back up. For now, we are looking for a breakdown!
Swallow Team
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Ripple has had a nice pump-and-dump event near 200EMA, which is not going to cause a breakdown in that same zone. Keep your eyes open, as we might see some sharp moves in the next few days!
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6% of market price movement happened after a nice breakdown of EMAs and a successful re-test as well.