Ripple has to bust its butt now, if it wants to avoid falling into the abyss. The altcoin’s only chance for survival is generating massive upwards impulses to make it above the resistance at $1.0164. If Ripple can save itself above the next resistance at $1.4161 as well, the outlook could start to become a bit more optimistic. However, there is a big fat 49.9% chance that Ripple could drop below $0.1720 instead.
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📊 Free daily market insights combining macro + Elliott Wave analysis
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter - full free analyses at dailymarketupdate.com
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter - full free analyses at dailymarketupdate.com
Related publications
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.