Ripple is Nearing its Downside
Ripple prices are close to the resistance of the downside channel, as they continue a correction. However, Ripple was close to this resistance before, and continues to run flat. It is worth to wait for the price to hit the resistance at 0.5360-0.5575 to open short positions with a target at 0.4125, the low of August 17. The stop-loss could be set slightly above 0.6010, which is the high of August 16.
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