RIPPLE - Price can rebound from support line to $0.7550
Hi guys, this is my overview for XRPUSDT, feel free to check it and write your feedback in comments👊
A few days ago price traded inside triangle, in which it declined to $0.6840 - 0.6720 support area.
Thereby price broke $0.7910 level, which coincide with resistance area, but soon Ripple bounced from support area higher than resistance level.
Also, price exited of triangle and later started to decline inside falling channel, in which price broke resistance level again and fell to support area.
Then Ripple started to rise near support line, and in a short time it exited from channel and now continues to trades nea this line.
I think that Ripple can make movement down to support line and then bounce up to $0.7550 level.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
A few days ago price traded inside triangle, in which it declined to $0.6840 - 0.6720 support area.
Thereby price broke $0.7910 level, which coincide with resistance area, but soon Ripple bounced from support area higher than resistance level.
Also, price exited of triangle and later started to decline inside falling channel, in which price broke resistance level again and fell to support area.
Then Ripple started to rise near support line, and in a short time it exited from channel and now continues to trades nea this line.
I think that Ripple can make movement down to support line and then bounce up to $0.7550 level.
If this post is useful to you, you can support me with like/boost and advice in comments❤️