Greetings! So I got to Ripple after my temporary absence. Well, I think it's not worth talking about the courts, fines, etc. You've heard about it without me. Let's see what we have.
The real support levels at Ripple and the countertrend are plotted on the chart. I think now there are 2 scenarios. First - Everything is very bad. We are dropping to the 4H support level, pulling ourselves up to it and going to the 26-27¢ area. The second is a little better. If the situation turns out to be not entirely critical, then Approximately from the 4H level, we can start our way up, tightening up to the resistance of 47¢ in the area of the counter-trend line. But until the strength is enough to break through it and the coin will still go down.
Well, now from the minimum values of about 26¢, perhaps we will start our way up in order to break through the counter-trend...
What do you think about this?
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Have a nice day and let the profit be with you!