The Ripple chart shows a strong support level of $0.587. XRP is starting to push towards that level, which signals that the move downward may continue. If the price breaks this level and tests as resistance, it would be a good opportunity to sell. The target for this move is low at $0.5, there might be enough liquidity for buying, if there is a strong volume increase in this variant, you can try to go long.
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P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade
@Yuriy_Bishko, strong support with in that area $0.5 so I think they would be a bullish push up... The trend is still bullish and also court case is in favour of ripple so I see that support holding
to understand where ripple is heading, at this moment of time one should look not at ripple but at BTC chart. That is where the main battle for the near term future is being fought between bulls and bears. If BTC goes to 24k (first solid resistance under 30k), then ripple will plunge like a "rippe" apple (excuse the pun :-D ). Personally I would not be surprised if ripple as well as other cryptos touched new ATL in this scenario. (DISCLAIMER: it is only one possible scenario.)