Next price in the range of 4.5 ???
As you can see, Ripple has formed a channel with an upward slope in the daily timeframe, and this decline caused the candle to hit the bottom of the channel exactly.
Considering the trend inside the channel, the next price should be in the range of 4.5. After reaching this price, if the channel is broken, unexpected prices should be expected.
If the trend remains inside the channel, it will reach higher prices according to the same slope created.
Considering the trend inside the channel, the next price should be in the range of 4.5. After reaching this price, if the channel is broken, unexpected prices should be expected.
If the trend remains inside the channel, it will reach higher prices according to the same slope created.
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Disclaimer
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.