WalterMoon

RIPPLE - Price can bounce from support area and continue to rise

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

Recently price entered to falling channel, where it declined to $0.5400 level, which coincided with support area.

Then price broke this level, exited from channel, and entered to flat, where Ripple declined until to $0.4970 level.

Price rose to $0.5400 level, but soon it turned around and fell back to $0.4970 level, which coincided with one more support area.

After this movement, XRP turned around and in a short time rose to $0.5400 level and broke it, thereby exiting from flat.

Also recently, price rose higher than support area and now I think that Ripple can correct to support level.

Next, XRP will bounce from support level and continue to move up to $0.5750 level.

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