RIPPLE - Price can bounce up from support area to $0.6000 level
Hi guys, this is my overview for XRPUSDT, feel free to check it and write your feedback in comments👊
When price reached resistance level, which coincided with resistance area, XRP soon broke it and rose higher.
But later price declined back, thereby breaking $0.6500 level again, and started to trades inside flat.
Inside flat, XRP first made fake breakout and then made upward impulse to resistance zone, after which price started to decline.
Later Ripple in a short time declined to $0.5000 points, exiting of flat, and soon it also entered to triangle.
In triangle, price rose higher than $0.5600, but recently XRP reached resistance line and fell to support area.
In my mind, Ripple can break support line, exiting of triangle, and then bounce up to $0.6000, breaking resistance level.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
When price reached resistance level, which coincided with resistance area, XRP soon broke it and rose higher.
But later price declined back, thereby breaking $0.6500 level again, and started to trades inside flat.
Inside flat, XRP first made fake breakout and then made upward impulse to resistance zone, after which price started to decline.
Later Ripple in a short time declined to $0.5000 points, exiting of flat, and soon it also entered to triangle.
In triangle, price rose higher than $0.5600, but recently XRP reached resistance line and fell to support area.
In my mind, Ripple can break support line, exiting of triangle, and then bounce up to $0.6000, breaking resistance level.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
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