XRPUSD: Consolidation/ accumulation of short positions. Still be

Ripple has been mostly trading sideways on 1D (RSI = 49.375, Highs/Lows = 0.0000), but still restricted by the selling pressure of the Lower High within the medium term Channel Down. More short accumulation is expected towards the end of the month (still on a downward slope as it is pressured by the Lower High. The break-out point should be near 0.42200. We remain bearish with TP = 0.27100.