We can see that a trend line has been hit here and this is backed up by the few wicks forming of of it. This is also the previous LL which it now looks to be retesting as a new LH.
I personally think we will now have one last down move to 0.44-0.40 before we see a break and a new bull move created.
With all the things Ripple is doing and partnerships it is making I think that it is undervalued, unfortunately until it stops following bitcoin it will continue to fall with it. Unless
something amazing happens like getting added to Coin base.
However this is just my opinion and should NOT be used as trading advice.
Remember that trading, especially crypto, has a significant risk involved and you should not risk what you cant afford to lose.
I personally think we will now have one last down move to 0.44-0.40 before we see a break and a new bull move created.
With all the things Ripple is doing and partnerships it is making I think that it is undervalued, unfortunately until it stops following bitcoin it will continue to fall with it. Unless
something amazing happens like getting added to Coin base.
However this is just my opinion and should NOT be used as trading advice.
Remember that trading, especially crypto, has a significant risk involved and you should not risk what you cant afford to lose.