LegionQ8

Ripple can exit of range and then continue to grow to 0.6750

Long
BINANCE:XRPUSDT   XRP / TetherUS
Hello traders, I want share with you my opinion about Ripple. Observing the chart, we can see that the price started to decline in a downward channel, where it first reached the resistance line and then in a short time declined to the 0.6750 resistance level, which coincided with the seller zone. then price broke this level, made a retest, and declined until to buyer zone, breaking the 0.6000 support level. But soon, Ripple rose back and even exited from the channel. Also then, Ripple started to trades in a range, in which it tried to rise higher, but failed and declined back to the support level, which coincided with the buyer zone. Then XRP some time traded near this level and bounced up. Now, I think that Ripple can continue to move up to the top part of the range and try to exit from it. After the price exit from the range, it makes a retest and continues to move up to the 0.6750 resistance level, where is located my target. Please share this idea with your friends and click Boost 🚀

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