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Where’s Ripple Going this Week?

Ripple – You will retest the lower ranges of last week

 Ripple on Friday had a false breakout, during the same period of times that Bitcoin tried to take the $6600 line. 

The inability to take that 0.37 line and stay there saw a fall back to 0.32 before Nouvive saw a Double top at 0.35 and a fall out of the trend line. 

All of this means one thing, Ripple will re-see that 0.317 line to test the strength of the support. 

However, all of this relies heavily on where Bitcoin is going. As the Chart illustrates if BTC goes to $6150, we will see $0.28. 

If however, Bitcoin goes to $5,800, we will see $0.25 

Moreover, the sentiment of Ripple is incredibly poor as a result of their failure in their Litigation cases.