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Ripple (XRP): Back At 200EMA (Possible Breakdown)

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BYBIT:XRPUSDT.P   XRPUSDT Perpetual Contract
Ripple has made yet another fakeout zone near 200EMA where the price is now back on the upper side of that EMA, and is looking for a potential breakdown from here.

If we manage to break we will be back at that trend line there resulting in a nice small gain here!

Swallow Team
Comment:
Ripple has made yet another test at that 200EMA and is broken as of now.

Now we need to secure that zone there, and touching the trend line will most likely happen from here!
Comment:
Ripples 200EMA been holding the price too long where it is not becoming two-way possibility from here.

We are still looking for a breakdown to happen and a touch to that lower trend but we need to wait out for clean breakdown from 200EMA.

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