Ripple can continue rise to resistance line of downward channel

Hello traders, I want share with you my opinion about Ripple. By observing the chart, we can see that price declined inside the downward channel, where it first fell to the 0.6620 resistance level, which coincides with the seller zone. After this, Ripple broke this level and fell to the support line of the channel, but soon it bounced up and tried to rise. Price reached 0.6620 resistance level and at once rolled down and continue to decline near the resistance line of the downward channel. Also recently, ripple rebounded fro the resistance line and made a strong impulse down until below the support line of the channel and even later broke the 0.5170 support level and fell to the support line. Bit in a short time it backed up to the channel, thereby making a fake breakout. At the moment Ripple trades near the support line, which coincides with the 0.5170 support level, and probably price can bounce from the support line and continue to rise to the resistance line of the downward channel. For this case, I set up my target at the 0.5860 level, which coincides with this line. Please share this idea with your friends and click Boost 🚀