WalterMoon

RIPPLE - Price can exit from wedge and rise to resistance area

Long
BINANCE:XRPUSDT   XRP / TetherUS
Hi guys, this is my overview for XRPUSDT, feel free to check it and write your feedback in comments👊

A not long time ago price entered to wedge, where it at once made downward impulse from resistance line.

Ripple broke $0.5630 level, which coincided with resistance area, and in a short time declined to support line, breaking $0.4660 level too.

Soon, it turned around and rose higher than $0.4660 level, making fake breakout, and continued to trades near this level.

After XRP made a correction to $0.4660 level, it bounced and in a short time rose to resistance line of wedge.

But recently price turned around and started to decline, so, I think Ripple can decline a little more.

Later, price can bounce up to $0.5785 resistance area, exiting from wedge and breaking resistance level.

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