Medium term outlook on the Ripple market vs Bitcoin.
Ripple clearly still in a down trend against Bitcoin, some trade setups for the higher risk traders.
Support 0.000069 btc – 0.00007 btc
Resistance 0.000071 btc – 0.000078 btc
There is a bullish divergence between the price action and the momentum indicators.
Higher risk traders are looking at the divergence as a early indicator of a possible breakout to the top side. Prices staying above the support zone is the main requirement for this play.
Be sure to cut your losses should support fail. Safe trades y’all!