MyCryptoParadise_Simon

XRP/USDT ascending channel what next? πŸš€XRP Analysis

Long
BINANCE:XRPUSDT   XRP / TetherUS
πŸ’Ž Paradisers, it's time to focus on XRPUSDT, as it's currently presenting an interesting pattern with two potential outcomes.

πŸ’Ž We've noticed #XRP adhering to an ascending channel trajectory. However, currently, there's a shift with the price breaking below the support at $0.5394 within the channel. This suggests that after a possible retest, we might see the price embark on a downward journey, potentially leading to further dips.

πŸ’Ž On the flip side, should #ripple regain its momentum and continue its ascent, the next target could be pushing beyond the channel's upper resistance.

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