Hi guys, this is my overview for XRPUSDT, feel free to check it and write your feedback in comments👊
A few days ago price bounced from support line to resistance line, thereby breaking resistance level.
After this Ripple made correction to support level and later backed up to resistance line again.
Then price bounced down and made strong downward impulse, thereby breaking support level and line.
Next price started trading inside from flat, and after flat, Ripple entered to pennant.
In pennant, price broke resistance level and now trades very close to this level.
In my mind, Ripple can make correction to support level and then bounce up to $0.4700
Thereby price exits from the pennant as well.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
A few days ago price bounced from support line to resistance line, thereby breaking resistance level.
After this Ripple made correction to support level and later backed up to resistance line again.
Then price bounced down and made strong downward impulse, thereby breaking support level and line.
Next price started trading inside from flat, and after flat, Ripple entered to pennant.
In pennant, price broke resistance level and now trades very close to this level.
In my mind, Ripple can make correction to support level and then bounce up to $0.4700
Thereby price exits from the pennant as well.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
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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.
🔶 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.