majidhossine

XRPUSDT outlook:Short-term bearish

Short
majidhossine Updated   
KUCOIN:XRPUSDT   XRP / Tether
VIEW:
According to the descending structure of Ripple to Tether,
As long as the price is below the 056618 resistance level, the Ripple outlook is bearish.

technical analysis:
The price stopped at the 0.51211 supply area and broke the bullish corrective trend line, the first possibility of the beginning of Ripple's downtrend against Tether due to sell orders in this area.
Trade closed: target reached:
As mentioned earlier, the bearish price of Ripple vs
Tether reached profit targets
Trade closed: target reached:
0.47937
0.47037

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