#XRP/USD APAC Snapshot

Outlook: Turning bearish

Having failed multiple attempts to break 0.52 #Ripple entered a sell-off period dropping 5% in 1 hour and continues to travel inside a channel with prior support.

Expect retest 0.47

- A bear MACD cross has formed
- Low bull vol pic.twitter.com/9Dij7pWcjW

— CoinDesk Markets (@CoinDeskMarkets) July 19, 2018