Ripple resumed its decline after slight correction.

11 jul 2018

At the end of the week Ripple went down again after achieving correction maximum near $ 0,52. At the beginning of this week the decline continued.
And the minimum of previous week has been overcome. So, we can speak of medium-term downward trend resumption.
Along with that, the correction did not achieve fast-moving average unlike many others cryptocurrencies. It lets us assume that Ripple is rather weak. It means that particularly Ripple among all cryptocurrencies is preferred to open short positions. The approximate target of decline is seen within the zone of $ 0,2 - $ 0,3.
Cancel of the idea in case of rise above $ 0,70.

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