Ripple can exit of consolidation and start to fall

Dec 5, 2022

Hello to the TradingView community and my followers, please, if you like ideas, don't forget to support them with likes and comments, thank you so much and we'll get started.

Today, I want to talk to you about the Ripple chart.

Price a lot of time trades above of support line.

Ripple tested support line four times and on 5th time price broke support it.

Now we can see that price trades in consolidation.

Also, after breaking of support line, price made retest and now started to decline.

At the moment price still trades in consolidation, but I expect that Ripple can break bottom part of consolidation and start to decline.

I set up few targets first target is $0.3800 level, second target - $0.3660

I expect this scenario.

This is my opinion, I really hope it will be useful for you.

Be prepared and save your money. Make big profits!