Ripple recovered from the quick sell off near 0.4300 but by making a double top
at 0.62300 is has created an Ascending Triangle
on 4H ( RSI
= 50.798, MACD
= 0.006, ADX
= 24.351) that on the next 0.62300 test will reach the depletion point. We expect this to be the top and the technical Lower High on the emerging 1D Channel Down (STOCHRSI = 37.946, Highs/Lows = 0). We are still expecting a Gap Fill on 1D and remain short with TP = 0.27100.