Ripple is Heading Down
Ripple prices have left the ascending wedge pattern and have retested its support. They continue to move down extending losses after a sharp drop by 4.5% on September 11. Thus, it would be better to open short trades from 0.4740-0.4765 with a target at 0.4575, which is the low of September 11. The stop-loss could be set slightly above 0.4840, which is the high of September 12.
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