WalterMoon

RIPPLE - Price can bounce up from support area to $0.5550

Long
BINANCE:XRPUSDT   XRP / TetherUS
Hi guys, this is my overview for XRPUSDT, feel free to check it and write your feedback in comments👊

A few time ago price traded near $0.6255 resistance level inside resistance zone, but later it broke this level and made strong downward impulse.

Ripple broke $0.5035 level too and fell to support line of triangle, but soon bounced higher of this level.

Then price some time traded near $0.5035 resistance level, which coincided with support area, and even rose to resistance line.

But recently price declined below $0.5035 level, thereby breaking this level and at the moment it trades below.

I think that Ripple can make a little movement down and then bounce from support area to $0.5550, breaking resistance level.

If this post is useful to you, you can support me with like/boost and advice in comments❤️

💎 We are provide daily Crypto and Forex (include Gold) signals.
🔶 Free telegram channel👉 bit.ly/3ZlpPg4
🔥 VIP Signals Prices and Conditions👉 bit.ly/Vip_signals_walter
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.