Recent shakeout impacted price pullback to previous ascending channel. While current price pattern showing bearish, it is supported by 50day MA.
If the 0.53 support does not hold, price potential downward to 0.49c.
If bounces, upward to 0.57c.
If the 0.53 support does not hold, price potential downward to 0.49c.
If bounces, upward to 0.57c.
Trade active:
Support at 0.53c didnt hold.
Trade active:
XRPUSD finding support at centre channel line after broke support at 0.53c.
ascending movement
ascending movement
