WalterMoon

RIPPLE - Price can exit from pennant and continue to decline

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

Some time ago price bounced from $0.6085 support level, which coincided with support area, and started to trades in flat.

In flat, Ripple rose to top part, but soon made correction back to $0.6085 level, after which it made upward impulse to resistance level.

Also then, price exited from flat and later bounced from $0.6400 level, making fake breakout and starting to fall.

XRP declined to support level, and at once made impulse up higher than $0.6400 level, but later it declined back.

As well, price started to trades in pennant, where XRP continues to trades near support line now.

In my mind, Ripple can rise a little and then bounce down to $0.6180, thereby exiting from pennant.

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