Ripple at the Lows of the Range

Ripple has held onto the very narrow range between $0.88 and $0.93, currently holding onto support at $0.90. It tried to reach $0.95, but this turned out to be volatility in the form of a wick. It has since retraced to respective lows, currently finding support at $0.89. Day level analysis is useless, since we have ranged for so long, but like the other cryptos, Ripple does seem to be gearing up for a breakout at some point. Readers may be wise to load up at lows for a long position or play the range as we've advised with other cryptos. Ripple has strong support from below at $0.87 and $0.86. More levels of support include $0.85 and $0.79. Levels from above are spaced $0.01 apart and include $0.91, $0.92, and $0.93. Finally, we have $0.95, which we must obviously conquer before considering levels in the $1 handle like $1, $1.03, and $1.06. It must break through $0.95 first, which is significant for Ripple. From below, $0.90, $0.87, $0.85 and $0.79 will offer support.


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