Ripple is trendling lower on the Intraday chart.
Currently testing the support at 0.88 which is
also the upper Cloud. If price breaks lower here
chances are we will see it move towards the 0.66
level, if it breaks below the 0.80 support. Bulls
would like to see price break above the 1.00 mark
and above the trendline (white line).
But price needs to take out the 1.15 level, to shift
the pattern of lower highs and lower lows. This is
marked with a green arrow.
Currently testing the support at 0.88 which is
also the upper Cloud. If price breaks lower here
chances are we will see it move towards the 0.66
level, if it breaks below the 0.80 support. Bulls
would like to see price break above the 1.00 mark
and above the trendline (white line).
But price needs to take out the 1.15 level, to shift
the pattern of lower highs and lower lows. This is
marked with a green arrow.