Yesterday, buyers could not hold the $0.26 support as bears broke the support level. The implication is that further downward move is likely.
Initially, the coin dropped to $0.23 low but it is now trading at $0.25 at the time of writing. Buyers have an uphill task to push the coin to the previous highs. However, a strong bounce above $0.23 support will propel price above the EMAs.
Source:
https://coinidol.com/ripple-may-slump/