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Michael_Winner
Dec 10, 2022 2:41 PM

Ripple can bounce from resistance line and start to declineΒ Short

XRP / TetherUSBinance

Description

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Hello, dear traders, we are new here, so we ask you to support our ideas by asking "SUBMIT" and COMMENTS, and you can also freely ask any questions in the comments, we will try to answer everyone, thank you guys.

Today we will look at the price of Ripple.
Not long time ago price bounced from $0.3950 resistance line of falling channel.
At the moment price continue trades close to resistance line.
I expect that Ripple can make another upward movement, bounce from resistance line and then start to decline.
Also, I think that price can break support line and continue to fall, that's why I set up my first target at $0.38 level.
After Ripple will break support line, it can continue to go down.
For this reason, I set up my second target at $0.3650 level.

I expect this scenario, so be prepared for the next moves.
Thank you for your time, we hope our work suits you and you are satisfied, we wish you a nice day and great profits
Comments
CryptoMonstersOfficial
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Nice one πŸ‘Œ

#XRP is madness, i dont know why it didnt bounce yet
Maybe whales are keeping it from skyrocketing for now
AtlasTrades
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great lovely buddy, I think you are right about XRPUSDT
Mihai_Iacob
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hanks for sharing. A drop for Ripple is probable, indeed.
SwallowPremium
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Great job! Let’s have a great trading session, thank you!
HAMED_AZ
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Well done
YMGroup
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Nice XRPUSDT explanation mate, I'm learning from you
TheNewsCrypto
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Thanks for sharing
MonoCoinSignal
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Keep up the great work
RLinda
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Good job
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