XRP/USD Corrects to Uptrend. What's Next???

Ripple moved downwards on Monday meaning this upside correction, which was developing during the weekend has come to an end. The currency pair has lost more than one percent in the past 24 hours but bulls still make attempts to reverse the price. XRP/USD failed to leave the Fibonacci retracement during the weekend meaning buyers are still unable to change the situation in their favor.
Let’s see closer what’s happening on the Hourly chart within the Fibonacci tool. Ripple has breached the green ascending trend line and moved lower. XRP/USD is currently above the support area at $0.6515, which coincides with 1 retracement level. The following ways for Ripple are the following:
1. Red scenario (bearish). The currency pair will move towards the closest support area at $0.6515 and cross it targeting the next support area at $0.6216.
2. Orange scenario (neutral). XRP/USD is going to fluctuate within the range, limited by the resistance 0.786 retracement level and the support area at $0.6515.
3. Green scenario (bullish). Ripple will cross 0.786 retracement level and several other retracement level targeting $0.7013 resistance area.

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