Last night, Ripple turned around at a maximum of $0,375 and, while falling, tested the support of $0,330. Buyers could restore the price to the vital point of $0,345, but bears renewed pressure and clearly wanted to test the level of average prices - $0,320.
If the moving average EMA55 does not hold a bearish pressure, then rates will return to their previous levels, from where the bullish race began - this is the upper limit of the yellow corridor (0.311 USD).
If the moving average EMA55 does not hold a bearish pressure, then rates will return to their previous levels, from where the bullish race began - this is the upper limit of the yellow corridor (0.311 USD).