XRPUSDT 1D XRP buy zone for medium-term trade is already close

4 lug 2022

For more than a year, Ripple price has been falling in a downtrend channel.
Currently, the XRP price is at the bottom of the channel and is trying to form a reversal pattern.

If in the coming days, the buyers do not allow the Xrpusdt price to fix below $0.30, it will be a good signal that the bottom has been found. And when aggressive purchases appear, as soon as the price will be approaching this level, increased trades volumes - it will be an excellent signal to switch to the side of stronger buyers. Well, then it will be possible to start working out the blue scenario

If the situation on the market allows sellers to fix the price of Xrpusd below $0.30, then the way will be opened for the continuation of the fall, at least by -20%. In this case, the liquid level from which it is worth looking at purchases again will be around $0.25
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