So Ripple is moving a lot slower than most of the other lowcap coins I am covering but still offers great opportunities. We are currently recovering from a pretty heavy downtrend, that actually only was a much needed correction after the previous insane rally. So pretty much expected and healthy!
We bottomed out the past week, creating really a really flat ground and support area. The only way from here is up. I doubt we will immediately start spiking again, but as Ripple by now is considered a big boy currency, the next run might run into more resistance along the way and the high volume might actually work against a fast price movement by lowering volatility.
Also Ripple is a nice example of how the crypto community is behaving like emotionally loaded sheep, delusionally hopping on every hype train or doom train. Ripple was considered the next big thing on the last rally and just another shitcoin on the downtrend. We are currently still in this phase, where no one is talking about Ripple anymore. Setting us up for a nicely timed spot to enter.
Cheers! and happy trading <3