Ripple is Seeking the Bottom
Ripple went into correction stepping back by 3% on July 20 and 2% on Friday. Nonetheless, XRPUSD is moving inside the upward channel seeking a bottom close to the support of the channel. Trading volumes are elevated now.
Thus, XRPUSD may move down to 0.7520-0.7685. This might be the level to open long trades with a target at 0.8765. Stop-loss could be placed at 0.7110, the lows of July 17.
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