Ripple price shows slight positive trades to gradually approach the key resistance 0.52, and as we mentioned in our recent reports, holding below this level keeps the bearish trend scenario valid on the intraday and short term basis, supported by stochastic negativity, waiting to target 0.42 followed by 0.24 levels mainly.
We should note that breaching 0.52 will stop the suggested decline and push the price to achieve more gains that reach 0.60 followed by 0.69 on the near term basis.
Expected trading range for today is between 0.35 support and 0.52 resistance
Expected trend for today: Bearish