nima-mohammadkhani

IS RIPPLE ABLE TO BREAKOUT ITS DOWNTREND?

BINANCE:XRPUSDT   XRP / TetherUS
Greeting from IRAN to whole trading community ✔💙
Ripple has experienced 3 PUMPS is less than 2 weeks , then it started reteracement downtrend (Red dotted line)
Ripple has broken its major support level and price has dropped lower than 1.5$
Then we saw some support reactions on the next support level at 1.2$
Price came back to its previous level 1.5$
And now its on a critical spot , Junction of dynamic resistance (trend line) and static resistance
If price could break 1.5$ level , it would be a great long opportunity
So keep eye on Ripple and wish you best ✌

OP : 1.51$
TP : 1.9$
SL : 1.3$

KEEP IT SIMPLE :)

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.