Ripple is clutched between $ 0,45 and $ 0,50. Recommendation is
In last review we wrote about the resume of Ripple’s decline after the attempt to grow higher than $ 0,50. This decrease did not have continuation. So, Ripple has been clutched in narrow diapason of $0.45-$0.5 for 5 weeks already. Along with that the growth of Bitcoin by 40% from minimums was ignored in fact. Ripple is consolidating above strategic level of $ 0,45. Trend indicators are in sale. However, according to monitoring experience, such long concentration near medium-term minimums frequently leads to turnaround if trend. Because of that we change the recommendation on Ripple for “Out of market”. And we will be looking for the opportunity to open positions after robust exit of the rate from diapason of $ 0,45 - $ 0,50.
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