Hello, welcome to this XRP/USDT 1DAY chart update by CRYPTOSANDERS.
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CHART ANALYSIS: The cryptocurrency was recently rejected by the upper trendline of the bearish flag pattern and dropped to the middle boundary. This level nearly aligns with strong short-term support at $0.45.
If the price drops below both the boundary and the $0.45 support level, a plummet toward the channel’s lower trendline will be inevitable. Contrarily, if XRP successfully surpasses the multi-month descending trendline, a rally toward the $0.85 resistance region is anticipated.
This is not a piece of financial advice.
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