Starting on February 6th, seams like Ripple has gained back some momentum that keeps pushing it higher. After an initial +90% rally, momentum looks good enough to keep it pushing higher.
Notice the divergence from February 2nd to February 6th hinting a trend reversal that ended up rendering perfectly. Although the support level from February 12th doesn't look too strong, it may hold just enough to give it a push to the 1.39 level last visited on January 28th. There is something to keep in mind, however, and that is the recent implicit relationship among all cryptocurrencies that may help break this trend, such as Bitcoin reversing again when hitting the strong downtrend from mid-December.
Notice the divergence from February 2nd to February 6th hinting a trend reversal that ended up rendering perfectly. Although the support level from February 12th doesn't look too strong, it may hold just enough to give it a push to the 1.39 level last visited on January 28th. There is something to keep in mind, however, and that is the recent implicit relationship among all cryptocurrencies that may help break this trend, such as Bitcoin reversing again when hitting the strong downtrend from mid-December.