- Ripple price has bounced off a support zone, extending from $0.948 to $0.985, signaling a potential upMove.
- A decisive 4-hour candlestick close above $1.18 will signal the start of an upswing.
- However, a breakdown of the supply level at $0.82 will invalidate the bullish outlook.
Ripple price has witnessed a fresh bounce off a crucial demand zone, indicating a bounce from this barrier could kick-start an bullish move. The immediate overhead barrier might hinder this rally.