Follow the .
We can see the clear downtrend since ripple was first added to Bitfinex on this chart on a longer term.
We can also see we have just recently made a visible bounce off a support line.
Using or in this case a fibonacci channel we are able to have general areas to have a general idea on trading. Ripple also moves a lot of times based off of Fundamentals so we need to stay alert on the Fundamentals as much as possible.
We can look at profiling to have a general idea where we may and have met support / resistance in the past due to decline or increase.
As always leave all feedback below, would love to hear your thoughts!