FirstNameHelen

HelenP. I XRP can exit channel and continue move up

Long
BINANCE:XRPUSDT   XRP / TetherUS
Hi folks today I'm prepared for you RIPPLE analytics. Ripple created a support zone of 0.3765-0.3550, re-tested it and started growing. Rebounding from the level of 0.4935, the price made a small correction, re-tested the trendline, continued to move, and broke through the resistance at the level of 0.4935. The price continued to rise and tried to break through the next resistance level 0.5640, but could not fix higher. Not so long ago, the price began to decline and created a downward channel, in which it is now traded. Ripple is currently close to support at level 0.4935, which coincide with the trendline and can go down and test it. It seems to me that the price, after a possible retest of the support level, may begin to rise, break through the resistance of the channel and continue upward movement. Therefore, targets for XRP will be set at 0.5315 and 0.5640. If you like my analytics you can support me with your like/comment ❤️

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