Riak will recover in the near future, rest assured that Ripple will not just give up. Ripple is a good and trustworthy coin, so we don't need to worry about Ripple anymore. Of course it will return to normal again
There are few Coins that are present in almost all portfolio and XRP is one of them.
Ripple: XRP/USDBullish Case: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)
Chart and further analysis:
https://coinswitch.co/news/top-5-crypto-technical-analysis-jan-19 or can also check strategy on trading view.