RIPPLE - Price can bounce up from support level to $0.5850
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 reached $0.5935 resistance level, which coincided with resistance zone.
Then price bounced and in a short time declined lower than $0.5600 support level, and later it declined to support line.
Ripple bounced from this line and made strong upward impulse to resistance line, making fake breakout and exiting from channel.
Also, price broke $0.5600 level and $0.5935 too, but a not long time ago it bounced of resistance line and declined below this level.
XTP fell to support zone, and recently price bounced up, and now it trades near support level.
Possibly, Ripple can bounce up from this level to $0.5850, thereby breaking resistance line.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Recently price entered to falling channel, where it reached $0.5935 resistance level, which coincided with resistance zone.
Then price bounced and in a short time declined lower than $0.5600 support level, and later it declined to support line.
Ripple bounced from this line and made strong upward impulse to resistance line, making fake breakout and exiting from channel.
Also, price broke $0.5600 level and $0.5935 too, but a not long time ago it bounced of resistance line and declined below this level.
XTP fell to support zone, and recently price bounced up, and now it trades near support level.
Possibly, Ripple can bounce up from this level to $0.5850, thereby breaking resistance line.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
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