XRPUSD: 1D Channel Down intact. Short to new Lower Low.

XRPUSD made a new Low last week at 0.3787 followed by a Lower High during yesterday's market rise, maintaining the Channel Down state on 1D (RSI = 52.765, STOCH = 34.777, Highs/Lows = 0.0000). A new Lower Low is expected to 0.3200 this time. Our TP on Ripple remains 0.27100. 1W is still on very long term bearish Lower High pattern (RSI = 48.533, MACD = -0.067). At the moment, the 0.5 Fibonacci level on 1D is the Resistance (0.53114).