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WalterMoon
Mar 18, 2024 12:21 PM

RIPPLE - Price can bounce up from support level to $0.6555 point Long

XRP / TetherUSBinance

Description

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Hi guys, this is my overview for XRPUSDT, feel free to check it and write your feedback in commentsđź‘Š

Recently price entered to rising channel, where it first declined below support level, which coincided with support area.

But in a short time it rose back and even later reached resistance line of channel, after which XRP made correction.

After correction, Ripple made strong upward impulse to $0.7440 points, thereby exiting from rising channel.

Also, price broke resistance level and started to decline in triangle, where price soon fell below $0.6900 level.

Later price declined to support level and a not long time ago it bounced up to resistance line of triangle.

Possibly, Ripple can decline to support level and then bounce up to $0.6555 points, exiting from triangle pattern.

If this post is useful to you, you can support me with like/boost and advice in comments❤️
Comments
OfficialKairosMusic
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Nailed it
behdark
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The analysis was excellent, put a new update, thank you
KaltoireCapital
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Perfect analysis, I like the key levels you mentioned here
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