Ripple (XRPUSD) struggling to hold above 0.60

Yesterday the rebound for Ripple that had seen it trade back above 0.6250, ran out of steam and today it is struggling to reclaim that upside momentum again. The price is just about clinging to levels above 0.60 but it has not made any further progress. Having said that, the range so far today has been tight, with 0.60 to 0.61 basically covering it. The price will need to rise back above 0.6250 in a more dynamic fashion if it is to avoid another relapse. The immediate price action on the charts is indicating a series of lower short term highs which is indicative of a move lower about to unfold. XRPUSD has in fact, just now fallen to a new session low as it dips underneath 0.60 for the first time today