Restricted by the 1D support. Channel Down intact. Short.

Ripple remains bearish as the price is still within the 1D Channel Down (MACD = -0.012, ROC = -0.838) having extended a sideways movement to a Lower High as the 0.35277 Resistance is still too strong to break. Technically, on such neutral technicals (RSI = 46.029, STOCH = 51.208, Williams = -52.575, Highs/Lows = 0.0000) we expect to continue this consolidation until a strong bearish candle breaks 0.30991. See how the Resistance levels (0.35277, 0.37874, 0.41003) can systematically keep the price low, until that strong rejection takes place, which should realize our XRPUSD targets: TP = 0.24321 (December 12, 2017 low) and TP = 0.19914 (December 08, 2017 low).