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Ripple: Descending Channel

XRP/USD, 1 hour    LONG Jul 27
As we can see a descending channel happens, XRP/USD needs a bullish action as a sign of a breakout. If price breaks out to the the upside, the resulting move could signal a next move up. XRP/USD to move upward towards 0.605 on a breakout of the descending channel as there is a chance for a upside correction.
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