On the macro side, there are a number of positive developments that have helped push the popularity of the cryptocurrency up. Ripple has been working on a deal with the Bank of America, the latest institution to jump into the cryptocurrency market.
Ripple has a number of bank partnerships, including Santander and Master Card that have elevated the cryptocurrency in the minds of retail investors...
Ripple (XRP.X) price prediction: what to expect? I believe Ripple will bull again!!!
Ripple has respected the long-term trend-line(green) and have bounced pretty well from it.
It has to cross 200 days Moving Average(red line) to continue the bullish momentum. The major hurdle for ripple would be the long-term downward trendline(dotted-line). Once the dotted-line is broken, bulls might hope for short-term upward movement.
Bearish Case:If it broke the $0.34 support level and closes below that with strong selling volume, then the chances of breaking the long-term green line are high which will lead to bearishness for ripple. (Ripple price analysis)
For chart and more details:
https://coinswitch.co/news/top-5-crypto-technical-analysis-jan-19