Hello, welcome to this XRP/USDT 1Hr chart update by CRYPTOSANDERS.
I have tried my best to bring the best possible outcome to this chart.
Show some support do hit the like button, follow and comment in the comment section. this motivates me to bring this kind of chart analysis on regular basis.
CHART ANALYSIS:-
In the above-mentioned chart, it is evident that BNB is trading inside the channel pattern for many days and bounced four times from the lower trend line support and following the mid support trend line.
In the current scenario, XRP broke the channel pattern and currently retesting an upper trend line which is the signal or confirmation for some % gain that can be seen in the upcoming hour.
If breaks down the upper trend line and moves back inside the channel then the mid support trend line will be the must hold support zone.
Mid-trend line break will be the invalidation of this chart.
This is not a piece of financial advice.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
thank you.
I have tried my best to bring the best possible outcome to this chart.
Show some support do hit the like button, follow and comment in the comment section. this motivates me to bring this kind of chart analysis on regular basis.
CHART ANALYSIS:-
In the above-mentioned chart, it is evident that BNB is trading inside the channel pattern for many days and bounced four times from the lower trend line support and following the mid support trend line.
In the current scenario, XRP broke the channel pattern and currently retesting an upper trend line which is the signal or confirmation for some % gain that can be seen in the upcoming hour.
If breaks down the upper trend line and moves back inside the channel then the mid support trend line will be the must hold support zone.
Mid-trend line break will be the invalidation of this chart.
This is not a piece of financial advice.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
thank you.
