3 min readRIPPLE (XRP/USD):
Ripple is another major Altcoin that has yet to show any significant movement in this cycle. I’ll be watching closely to see how the price responds to the internal ascending trend line. Currently trading just above $0.55, it doesn’t seem to be gaining any notable upward momentum at the moment.
A closer look at the technicals shows that the price action is currently aligned with this internal support area, which also corresponds well with the 50% level on the Fibonacci tool. The RSI indicator isn’t signalling that the price is either overbought or oversold, as it remains flat and in line with the 50% level.
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