Ripple price hovers around the bearish channel’s resistance line, and the EMA50 keeps pressing negatively on the price, while stochastic shows negative signals now.
Therefore, these factors encourage us to continue suggesting the bearish trend in the upcoming sessions, which its next target located at 0.34, while achieving it conditions holding below 0.52.
Expected trading range for today is between 0.34 support and 0.52 resistance
Expected trend for today: Bearish