Ripple price shows some bearish bias after touching the key resistance 0.74, which represents 38.2% Fibonacci correction level for the decline from 1.20 to 0.45, noticing that the EMA50 enters the oversold areas now, while the EMA50 provides the positive support to the price.
Therefore, these factors keep the chances valid to continue the bullish trend scenario in the upcoming period, which its next target located at 0.82, while achieving it conditions holding above 0.63.
Expected trading range for today is between 0.63 support and 0.82 resistance
Expected trend for today: Bullish