Ripple is on the right track to gain as it stabilizes over the $0.2000 supportive level. The momentum of increase needs to continue over $0.2100 to make a change.
Ripple price is remaining on the bullish zone against the US Dollar as it cleared the major $0.2040 resistance mark on the gaining triangle pattern.
It corrected nicely from the $0.1900 swing low and also moved above the 38.2% Fib retracement level of the last leg down from the $0.2240 high to $0.1898 low.
However, the price seems to be finding sellers near the $0.2080 and $0.2100 levels. On the other hand, as per the moment, the pair XRP/USD is trading around $0.21180 which as predicted made-sure a continuation of price recovery since the major dip.
The next mark to pass or stop for buyers would be $0.2200. [Support – $0.2100 – $0.2040]