XRP/USD: downtrend continues, but there is a possibility to buy As it can be inferred from the DAILY timeframe chart of XRP, the price is currently sitting on the lower boundary of the descending channel . Although our bias remains bearish for this pair, we are eyeing a middle-term BUY position. We will be closely monitoring the current price action and looking forward to going long and aiming for the upper barrier of the formed channel.