Ripple is Consolidating before a Possible Downside
Ripple is declining since July 20 to 0.6950 at the moment. The XRPUSD may consolidate for a while before resuming its downside. Thus, it could be interesting to consider short trade for XRPUSD from 0.7075-0.7200 with the target at 0.6435, which is the support of the downward channel. The stop-loss could be placed above 0.7420, the high of July 24.
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