Ripple slides even lower. Where is the limit?
https://app.icex.ch/en/feed/technical-analysis/2521-ripple-slides-even-lower-where-is-the-limitIn the last review on Ripple, we wrote about the edge of the abyss.
Over the past time, Ripple crossed that border and stepped towards the void.
We also see a signal for sale from the MAcross on the weekly chart ...
Technically strong support is only about $ 0.25
According to previous experience of market observation, such slide can last quite some time, it could even go on for several months.
And a potential turn to growth, if it occurs, won’t be sharp, with high probability it would be gradual.
We will see.
In the meantime, the rate will probably continue the decline.