Hi guys, this is my overview for XRPUSDT, feel free to check it and write your feedback in comments👊
Some time ago price bounced from $0.6085 support level, which coincided with support area, and started to trades in flat.
In flat, Ripple rose to top part, but soon made correction back to $0.6085 level, after which it made upward impulse to resistance level.
Also then, price exited from flat and later bounced from $0.6400 level, making fake breakout and starting to fall.
XRP declined to support level, and at once made impulse up higher than $0.6400 level, but later it declined back.
As well, price started to trades in pennant, where XRP continues to trades near support line now.
In my mind, Ripple can rise a little and then bounce down to $0.6180, thereby exiting from pennant.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Some time ago price bounced from $0.6085 support level, which coincided with support area, and started to trades in flat.
In flat, Ripple rose to top part, but soon made correction back to $0.6085 level, after which it made upward impulse to resistance level.
Also then, price exited from flat and later bounced from $0.6400 level, making fake breakout and starting to fall.
XRP declined to support level, and at once made impulse up higher than $0.6400 level, but later it declined back.
As well, price started to trades in pennant, where XRP continues to trades near support line now.
In my mind, Ripple can rise a little and then bounce down to $0.6180, thereby exiting from pennant.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
🔶 Free telegram channel👉 bit.ly/4fKXOY0
🔥 Join our paid VIP community with Forex and Crypto signals in order to improve your trading skills, my contact 👉 bit.ly/4ibtiIs
💎 ThinkMarkets Ambassador Join & explore bit.ly/4j6sALJ
🔥 Join our paid VIP community with Forex and Crypto signals in order to improve your trading skills, my contact 👉 bit.ly/4ibtiIs
💎 ThinkMarkets Ambassador Join & explore bit.ly/4j6sALJ
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.