Ripple is positioned within an ascending channel. As observed, a minor downtrend line has been established within this channel. Considering the robust support at the bottom of the channel, should the downtrend line be breached, Ripple is likely to undergo a substantial increase.
(All analyses will be updated)
This analysis is informational, not financial advice. Good luck!
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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.