Hi traders!
Here is an update on Ripple and what exactly it's doing. As mentioned in the chart we will not see any major price movement (trend) unless we get a breakout (up or down) from the trading range. Ripple could be headed to test the support again (around $0.9) before a bounce to the upside, which will be a great entry point for long holders.
I'll keep this idea updated as much as possible.
Best of luck - Abdulla
Here is an update on Ripple and what exactly it's doing. As mentioned in the chart we will not see any major price movement (trend) unless we get a breakout (up or down) from the trading range. Ripple could be headed to test the support again (around $0.9) before a bounce to the upside, which will be a great entry point for long holders.
I'll keep this idea updated as much as possible.
Best of luck - Abdulla
Note
Hi!Here is a small update on Ripple. As you can see, Ripple has established a trading range within the major trading range (which is totally normal and happens all the time).
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.