But often, after such signals, the corrective movement begins in the opposite direction. It seems that now it’s that case.
Ripple, using daylight candles, drew a reversal pattern and is already trying to rise above the slow moving average, creating conditions for the purchase signal of the from the MAcross.
If such signal is received, then we will have a long-term recommendation to "Sell" and a short-term one to "Buy". It’s a common story :)
For now, at least, it's worth closing short positions.
The first target of the increase is $ 0.65, after that comes $ 0.75 and then a strong $ 0.9 level
As we wrote before - cryptocurrencies love multiple wave motion. The minimum was $ 0.45. Doubling that we get $ 0.9.
We will see.
A good stop on the possible long is placed only under $ 0.4
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