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RIPPLE - Price can bounce down of resistance line to $0.6000
XRP / TetherUS
Short
RIPPLE - Price can bounce down of resistance line to $0.6000
By WalterMoon
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Dec 8, 2023
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Dec 8, 2023
Hi guys, this is my overview for XRPUSDT, feel free to check it and write your feedback in commentsđź‘Š
Recently price bounced from support line of triangle and made strong upward impulse, breaking two resistance levels - $0.5725 and $0.6670
After this movement, Ripple corrected below $0.6670 level, but soon backed up and rose until to resistance line of triangle.
Next, price declined lower $0.6670 level, thereby breaking it, to support level, which coincided with supports line of triangle and area.
Then XRP bounced from $0.5725 level and in a short time rose to resistance line, but a not long time ago it bounced down.
Now price trades near and I think Ripple can bounce of resistance line and start to fall to $0.6000, which coincides with support line of triangle.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
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