XRP/USD
Ripple continues to trade inside the range of $0.87 and $1.74 with a downward bias. If the cryptocurrency breaks down of $1.09 levels, a fall to the lower end of the range is likely.
The XRP/USD pair is struggling to find any buyers. Therefore, we should wait for the cryptocurrency to bounce off the $0.87 lows before initiating any long positions.
The probable bearish crossover of the 20-day EMA and the 50-day SMA is another negative sign. We anticipate the range-bound trading action to continue for the next few days.