XRP / TetherUS
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Ripple can break support line of triangle and continue to fall

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Hello traders, I want share with you my opinion about Ripple. Looking at the chart, we can see how the price has been rising for a while and has reached the resistance area 0.3970-0.3990. We see how the Ripple re-tested the resistance area, from which it bounced back and formed the downward impulse to the support level 0.3640. Over time, the price formed a symmetrical triangle and is currently trading inside. Recently, the price made fake breakout resistance line of triangle, after which it returned, break through the support level 0.3640 and decreased. The Ripple is now trading below the resistance level and can continue to decline and break through the support line of triangle. So the targets for Ripple will be level 0.3590 which coincide with support line of triangle and level 0.3535. Please share this idea with your friends and click Boost 🚀

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