WalterMoon

RIPPLE - Price can little decline and then start to move up

Long
BINANCE:XRPUSDT   XRP / TetherUS
Hi guys, this is my overview for XRPUSDT, feel free to check it and write your feedback in comments👊

When price entered in triangle, it first bounced from support line and rose to resistacne line, breaking $0.6520 level.

XRP in a short time declined lower than this level, exiting from triangle and starting to trades in flat.

In flat, price fell to support level, which coincided with support area and even made fake breakout, but soon backed up.

Then Ripple made upward impulse to $0.6520 resistance level, broke it, exiting from flat too, and entered to wedge.

Inside wedge, price fell from resistacne line to support line, but recently it rose to resistance line back.

In my mind, Ripple can fall a little more and then bounce up to $0.6800, exiting from wedge and breaking resistance level.

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