Ripple can make a little correction and then continue to grow
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Hello traders, I want share with you my opinion about Ripple. Looking at the chart, we can see that price, after the buyer zone, bounced up and made a strong upward impulse to the seller zone, which coincide with the resistance level. But in the seller zone, Ripple couldn't fix, and a few corrections later, the price bounced up and made a fake breakout, after which it fell to the support line which coincide with the support level. Later Ripple bounced up from the support line to the resistance line and even a not long time ago broke it. Also recently price made a retest and now continues to grow. I think Ripple can make a little correction to 0.4830 and then bounce up to the resistance level. For this case, I set up my first target at the 0.5050 level and second - at the 0.5300 resistance level. Please share this idea with your friends and click Boost 🚀
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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.