The rate of Ripple is in consolidation for almost a week. In our opinion, its growth from support levels will begin soon.
Key levels are used by traders to identify immediate targets, limit losses, fix profit, entry points.
The growth of Ripple rate from the level of $ 0.42 to $ 0.50.
Ripple's quotation is still dominated by bears. The price of XRP / USD is traded in a descending channel with a resistance level of $0.45 and support of $0.20.
Today, the Ripple quotation shows growth, the price broke through the resistance level in the consolidation zone of $0.43- $0.44. At the moment the Ripple price has a great chance to overcome the level of $0.45 and grow to the previously announced target in the $0.48- $0.51 zone.
Key levels are used by traders for determining immediate targets, limiting losses, fixing profits, entry points.
Continued growth of Ripple quotation. Growth from the level of $0.45 with the target in the $0.48- $0.51 zone.