WalterMoon

RIPPLE - Price can bounce up from support area to $0.5550

Long
BINANCE:XRPUSDT   XRP / TetherUS
Hi guys, this is my overview for XRPUSDT, feel free to check it and write your feedback in commentsđź‘Š

A few time ago price traded near $0.6255 resistance level inside resistance zone, but later it broke this level and made strong downward impulse.

Ripple broke $0.5035 level too and fell to support line of triangle, but soon bounced higher of this level.

Then price some time traded near $0.5035 resistance level, which coincided with support area, and even rose to resistance line.

But recently price declined below $0.5035 level, thereby breaking this level and at the moment it trades below.

I think that Ripple can make a little movement down and then bounce from support area to $0.5550, breaking resistance level.

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