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RIPPLE - Price can exit from pennant and rise to $0.5330
XRP / TetherUS
Long
RIPPLE - Price can exit from pennant and rise to $0.5330
By WalterMoon
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May 9
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May 9
Hi guys, this is my overview for XRPUSDT, feel free to check it and write your feedback in comments👊
Recently price entered to falling channel, where it in a short time declined to support line, breaking $0.5075 level.
But after this, XRP made upward impulse, breaking $0.5075 level, again, and exited from falling channel.
Then price continued to grow inside rising channel until reached $0.5410 level, after which made correction move.
XRP bounced up from support line of rising channel and broke $0.5410 level, after which soon exited from this channel.
Next, price started to decline inside pennant, where it broke $0.5410 level again and declined to almost support line.
Now, I think that Ripple can bounce up from support line to $0.5330, thereby exiting from pennant.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Parallel Channel
Pennant
ripple
Support and Resistance
Trend Analysis
usdt
xrp
XRPUSDT
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