Selling volumes contracted yesterday morning and the XRP price decline came to a halt at the July low of USD 0.586.
Buyers on low volumes were able to restore the pair above the 0.600 USD level, and test the two-hour EMA55 at night.
It has not yet been possible to break above the level of average prices, but after a shallow pullback, the recovery may continue above the POC line (0.624 USD).