FirstNameHelen

HelenP. I Ripple will break support level and continue to fall

Short
BINANCE:XRPUSDT   XRP / TetherUS
Hi folks today I'm prepared for you Ripple analytics. A not long time ago price started to decline inside the downward channel, where it first rebounded from the trend line and declined to the 0.6350 resistance level, which coincided with the resistance zone and soon broke it. After this, the price declined to support line of the channel, after which XRP turned around and rose until to the resistance zone, but cannot fixed and soon made impulse down to 0.5000 points, and at once backed back to the channel, making a fake breakout. Later price rose to the trend line, which is and resistance line of the channel, and then rebounded down to the support level, which coincided with the support zone. Recently Ripple tried to rise back, but failed and now continues to trades near the 0.5250 level. For my mind, XRP will break this level again, but this time RIpple can continue to decline to support line of the channel. That's why I set my target at the 0.4950 level, which coincided with this line. If you like my analytics you may support me with your like/comment ❤️

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