RIPPLE - Price can bounce down, thereby breaking support level
Hi guys, this is my overview for XRPUSDT, feel free to check it and write your feedback in comments👊
Price sometimes trades close to $0.5250 resistance level inside from wedge.
But recently Ripple exited of wedge and bounced down to $0.4420 level.
Also, Ripple broke $0.4785 level and entered to flat.
After flat price started trades inside from pennant, where Ripple rise higher to $0.4785 level, thereby breaking it.
Now price trades close to this level and maybe Ripple can break support level and bounce down again.
As well, price can leave pennant, make retest or not, and fall to $0.4550 level.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Price sometimes trades close to $0.5250 resistance level inside from wedge.
But recently Ripple exited of wedge and bounced down to $0.4420 level.
Also, Ripple broke $0.4785 level and entered to flat.
After flat price started trades inside from pennant, where Ripple rise higher to $0.4785 level, thereby breaking it.
Now price trades close to this level and maybe Ripple can break support level and bounce down again.
As well, price can leave pennant, make retest or not, and fall to $0.4550 level.
If this post is useful to you, you can support me with like/boost and advice in comments❤️