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RIPPLE - Price can continue to decline in channel
XRP / TetherUS
Short
RIPPLE - Price can continue to decline in channel
By WalterMoon
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May 1
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May 1
Hi guys, this is my overview for XRPUSDT, feel free to check it and write your feedback in comments👊
Recently price bounced from resistance line and fell to support line, but soon bounced up from this line, making fake breakout.
Then in a short time, Ripple rose to resistance line, after which made little correction and soon broke $0.5365 level.
After this, price rose a little more, and then started to decline inside falling channel, where it soon declined to resistance area.
Later, XRP broke $0.5365 resistance level one more time and then in a short time declined to $0.4790 level.
In my mind, Ripple can make small movement up and then continue to decline in falling channel.
Also, I think that XRP can break the support level and decline to $0.4790 points support area.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Parallel Channel
ripple
Support and Resistance
Trend Analysis
usdt
xrp
XRPUSDT
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