RIPPLE - Price can make retest of support level and bounce up
Hi guys, this is my overview for XRPUSDT, feel free to check it and write your feedback in comments👊
A few days ago price bounced up from support area to $0.5850 point, thereby $0.4715 level.
Also, Ripple broke $0.5320 level, but soon declined below and entered to rising channel.
In channel, price reached $0.5320 level again and even rise higher of it, but at once bounced down.
Then price left channel, fell first to support level, and later declined to support area, thereby breaking $0.4715 level.
As well Ripple started trades inside pennant, but soon price exited from it and started trades close to resistance level.
And recently price broke this level and at the moment trades close.
In my mind, Ripple can make retest and then bounce up to $0.5110 level.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
A few days ago price bounced up from support area to $0.5850 point, thereby $0.4715 level.
Also, Ripple broke $0.5320 level, but soon declined below and entered to rising channel.
In channel, price reached $0.5320 level again and even rise higher of it, but at once bounced down.
Then price left channel, fell first to support level, and later declined to support area, thereby breaking $0.4715 level.
As well Ripple started trades inside pennant, but soon price exited from it and started trades close to resistance level.
And recently price broke this level and at the moment trades close.
In my mind, Ripple can make retest and then bounce up to $0.5110 level.
If this post is useful to you, you can support me with like/boost and advice in comments❤️