Lingrid | XRPUSDT consolidating MARKET

The price of XRPUSDT is basically consolidating on the daily timeframe as well as on the 4H timeframe. The market has reached the top of the consolidation zone. As you can see, it is testing the top of the downward channel and resistance at 0.65000. I think the market might continue consolidating back and forth until the real breakout occurs. I expect the price to rebound from the resistance and upward trendline and then move lower to retest the support level. My goal is the support level at 0.61000.


Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻