Yuriy_Bishko

Ripple - what's next? A big wave down? 😵😵

Yuriy_Bishko Updated   
BINANCE:XRPUSDT   XRP / TetherUS
The Ripple chart shows a strong support level of $0.587. XRP is starting to push towards that level, which signals that the move downward may continue.
If the price breaks this level and tests as resistance, it would be a good opportunity to sell.
The target for this move is low at $0.5, there might be enough liquidity for buying, if there is a strong volume increase in this variant, you can try to go long.

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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
Trade closed: target reached
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