Ripple. The Bulls are preparing a counter strike. Perhaps, up to $ 0.9
https://app.icex.ch/en/feed/technical-analysis/4042-ripple-the-bulls-are-preparing-a-counter-strike-perhaps-up-to-09In our previous reviews we wrote about a long-term technical signal for sale.
But often, after such signals, the corrective movement begins in the opposite direction. It seems that now its that case.
Ripple, using daylight candles, drew a reversal pattern and is already trying to rise above the slow moving average, creating conditions for the purchase signal of the daily chart from the MAcross.
If such signal is received, then we will have a long-term recommendation to "Sell" and a short-term one to "Buy". Its a common story

For now, at least, it's worth closing short positions.
The first target of the increase is $ 0.65, after that comes $ 0.75 and then a strong $ 0.9 level
As we wrote before - cryptocurrencies love multiple wave motion. The minimum was $ 0.45. Doubling that we get $ 0.9.
We will see.
A good stop on the possible long is placed only under $ 0.4
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It very well may be true. A bunch of people are speculating that the slump is about over and all the coins will be on a rise again. I for one think that the slump is over after that huge pump of $1,000+ into Bitcoin in an hour the other day came in. That's a pretty good signal that someone with some money is entering back into the market. 2018 may be a very exciting year for crypto. Lord knows it will be welcome after the past few months..