RIPPLE - After exiting from triangle price can continue to fall
Hi guys, this is my overview for XRPUSDT, feel free to check it and write your feedback in comments👊
Recently price bounced down of $0.5125 support level, which coincided with support area, and entered to flat.
Inside flat, price reached bottom part and made upward impulse to $0.5355 level, thereby breaking $0.5125 level.
Also, price exited from flat and soon bounced of resistance level and started to decline.
Later Ripple entered to triangle, where it rose to resistance line, which is located in resistance area, but then it bounced down.
Price declined to support line and soon broke it, thereby exiting of triangle, and now Ripple trades near this line.
In my mind, Ripple can fall to support level, break it and maybe make retest, after which continues to decline to $0.5000
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Recently price bounced down of $0.5125 support level, which coincided with support area, and entered to flat.
Inside flat, price reached bottom part and made upward impulse to $0.5355 level, thereby breaking $0.5125 level.
Also, price exited from flat and soon bounced of resistance level and started to decline.
Later Ripple entered to triangle, where it rose to resistance line, which is located in resistance area, but then it bounced down.
Price declined to support line and soon broke it, thereby exiting of triangle, and now Ripple trades near this line.
In my mind, Ripple can fall to support level, break it and maybe make retest, after which continues to decline to $0.5000
If this post is useful to you, you can support me with like/boost and advice in comments❤️