XRP / TetherUS
Short

Ripple can break support area and continue to decline

496
Hello traders, I want share with you my opinion about Ripple. Looking at the graph, we can see how the price moved in the downward channel, after which tested the support area 0.3640-0.3600, from which it bounced off and begin to rise. Ripple broke through the resistance of channel and grow to the resistance area 0.4050-0.4090 which retested it and bounced back. Then the price continue to fall and made a fake breakdown at level 0.3600, after which it returned and increased to the resistance line. We see how the price did a retest of the resistance line and dropped to the support area. Currently, the price is trading within the support area and may continue to fall so I set the target for Ripple at the level 0.3500. Please share this idea with your friends and click Boost 🚀

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