WalterMoon

RIPPLE - Price can exit from pennant and rise to $0.5330

Long
BINANCE:XRPUSDT   XRP / TetherUS
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 in a short time declined to support line, breaking $0.5075 level.

But after this, XRP made upward impulse, breaking $0.5075 level, again, and exited from falling channel.

Then price continued to grow inside rising channel until reached $0.5410 level, after which made correction move.

XRP bounced up from support line of rising channel and broke $0.5410 level, after which soon exited from this channel.

Next, price started to decline inside pennant, where it broke $0.5410 level again and declined to almost support line.

Now, I think that Ripple can bounce up from support line to $0.5330, thereby exiting from pennant.

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