Ripple bounced from support level and can to rise

Hello traders, I want share with you my opinion about Ripple. Looking at the chart, we can see how the price retested the resistance level 0.5395 and continued to fall. Ripple subsequently break through 0.4720 and continued to decline after an upward correction and reached the support area of 0.4220-0.4100. For some time, the price was traded in the support zone and, after a retest, formed an impulse and increased. After reaching the level 0.4720, Ripple make a downward correction, continued to grow and broke through the current resistance level. Thus, over a long time, was formed the figure inverted head and shoulders. After a small correction, the price make a correction down and rose to the level 0.5395, from which it bounce back. After an upward correction and a retest resistance level, the price continued to fall. Not long ago, Ripple reached the level 0.4720, tested it and bounced. Currently, the price is trading above the support level and can continue to rise. I think the downward movement can be continued, but first Ripple can make a deep upward correction. In this case, I decided to set the target at level 0.5000 and at level 0.5200. Please share this idea with your friends and click Boost🚀