Ripple is being bound the bearish trendline formed on the 30 minutes chart as show below and it has been trading below the 200 SMA (simple moving average) for 2 days now.
Once we break above that line , first resistance will be around 1.55$ then followed by 2.30$ , on the down side , first support can be found 1.14$ which proved to be double bottom for 2 days now.
If xrp/usd breaks 1.14$ , we will test 1.05$ , However , it is preferred to stay as long as you can until we break 1.05$ and your target should be around 2.30$
Once we break above that line , first resistance will be around 1.55$ then followed by 2.30$ , on the down side , first support can be found 1.14$ which proved to be double bottom for 2 days now.
If xrp/usd breaks 1.14$ , we will test 1.05$ , However , it is preferred to stay as long as you can until we break 1.05$ and your target should be around 2.30$
