The price of Ripple (XRPUSD) has been slowly clawing its way higher today. It has just now lifted back above 0.24 for the first time since breaking back below that level yesterday morning. That breakdown later led the lead Alt coin to as low as 0.2313 and it has been a hard fought grind back up since then. The recent lows have managed to hold above both the 100 day moving average (currently at 0.2268) and the more important 200 day moving average (currently at 0.2214). However, the immediate outlook remains uncertain with all the short term moving averages still falling steeply. The current chart set up would indicate that only a move back above 0.2750 from here will properly reignite the topside again. Until that happens the short term risks remain, but those are yet to outweigh the longer term rising trend. XRPUSD is just now trading at 0.2402