WalterMoon

RIPPLE - Price can bounce up and break resistance level

Panjang
BINANCE:XRPUSDT   XRP / TetherUS
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, where it first declined to support level and later bounced up to resistance line.

Next, price exited from triangle, started to decline and entered to falling channel.

After channel, Ripple broke $0.4430 level and fell below support level, which coincide with support area.

Later, price tried to rise, but failed, fell to support level, and entered to pennant.

In pennant, Ripple broke $0.4430 and at the moment trades close resistance level.

In my mind, price can break this level, make retest or not and continue to grow to $0.4855

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Penafian

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