WalterMoon

RIPPLE - Price can bounce from support line and leave triangle

Long
BINANCE:XRPUSDT   XRP / TetherUS
Hi guys, this is my overview for XRPUSDT, feel free to check it and write your feedback in comments👊

After price bounced from support line, it rose to resistance line of wedge and started decline to $0.6255 resistance level.

Ripple broke this level and fell to support line, but at once bounced back, exited from wedge, and some time traded near resistance area.

Later price broke $0.6255 level and fell below support level, which coincided with $0.4960 support area, to support line of the triangle.

But then Ripple bounced higher $0.4960 level and now price continues to trades in triangle near support line.

Possibly price can grow to resistance line and break it, exiting from triangle and after this make retest.

Then Ripple can continue to rise to $0.6255 resistance level.

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