RIPPLE - Price can break resistance level and then continue rise
Hi guys, this is my overview for XRPUSDT, feel free to check it and write your feedback in commentsđź‘Š
Recently price bounced down to $0.4590 points, thereby breaking $0.4945 level, which coincided with support area.
After this, price started to rise inside rising channel, where it rose higher of this level and reached resistance line of channel.
Then Ripple bounced down to $0.4945 level, exiting from channel, and then Ripple rose to resistance line of pennant.
But then price bounced and made strong downward impulse to support line, thereby breaking $0.5350 and $0.4945 levels.
Also recently, price exited from pennant and now it trades very close to $0.4945 level in support area.
Possibly, Ripple can break this level, make retest, and then bounce up to $0.5150 level.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Recently price bounced down to $0.4590 points, thereby breaking $0.4945 level, which coincided with support area.
After this, price started to rise inside rising channel, where it rose higher of this level and reached resistance line of channel.
Then Ripple bounced down to $0.4945 level, exiting from channel, and then Ripple rose to resistance line of pennant.
But then price bounced and made strong downward impulse to support line, thereby breaking $0.5350 and $0.4945 levels.
Also recently, price exited from pennant and now it trades very close to $0.4945 level in support area.
Possibly, Ripple can break this level, make retest, and then bounce up to $0.5150 level.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
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