RIPPLE - Price can bounce up from support area to $0.5550
Hi guys, this is my overview for XRPUSDT, feel free to check it and write your feedback in comments👊
A few time ago price traded near $0.6255 resistance level inside resistance zone, but later it broke this level and made strong downward impulse.
Ripple broke $0.5035 level too and fell to support line of triangle, but soon bounced higher of this level.
Then price some time traded near $0.5035 resistance level, which coincided with support area, and even rose to resistance line.
But recently price declined below $0.5035 level, thereby breaking this level and at the moment it trades below.
I think that Ripple can make a little movement down and then bounce from support area to $0.5550, breaking resistance level.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
A few time ago price traded near $0.6255 resistance level inside resistance zone, but later it broke this level and made strong downward impulse.
Ripple broke $0.5035 level too and fell to support line of triangle, but soon bounced higher of this level.
Then price some time traded near $0.5035 resistance level, which coincided with support area, and even rose to resistance line.
But recently price declined below $0.5035 level, thereby breaking this level and at the moment it trades below.
I think that Ripple can make a little movement down and then bounce from support area to $0.5550, breaking resistance level.
If this post is useful to you, you can support me with like/boost and advice in comments❤️