- Ripple broken major support of 0.5370 and declined till 0.4541. It is currently trading around 0.49060.
- Any break above 0.7200 (200- day MA) confirms minor bullishness, a jump till 0.7800/0.85/0.9055 (50- day MA)/1/1.0275. Any close above 1.0850 will take the pair to next level till 1.200/1.2280. Short term bullishness only above 2.25 level.
- The near term support is around 0.4500 and any break below will drag the pair down till targets 0.3800/0.3000.
It is good to sell on rallies around 0.550 with SL around 0.630 for the TP of 0.30.
