Ripple can decline to support level and try to break it

Hello traders, I want share with you my opinion about Ripple. Looking at the chart, we can see how the price a few moments ago declined to the support line and at once rebounded and made a strong upward impulse to the 0.6600 resistance level, which coincided with the seller zone. Also, the price broke the 0.5700 level too, and later Ripple started to decline in a downward channel, where it soon fell to the 0.6600 level and some time traded near. Price tried to back up, but later it finally broke the 0.6600 level and continued to decline in a downward channel. As well then, Ripple declined to support level, which coincided with the buyer zone, and at once rebounded up from it. And now, the price trades near the resistance line of the channel and I think that Ripple can reach this line and then rebound down to the support level. Next, the price can try to break this level and after the breakout, Ripple can fall to the buyer zone. Therefore I set up my target at the 0.5550 level, which coincided with the buyer zone. Please share this idea with your friends and click Boost 🚀