Down Ripple, Down
Ripple continues its downside journey in the downward channel. XRPUSD prices are close to the resistance of the channel and is highly likely to go south along with the trend. So, it would be wise to follow it by opening short positions at 0.6220-0.6380 with a target at 0.5655, the high of June. The stop-loss could be set at 0.6650, or above last week’s highs.
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