Michael_Winner

Ripple can bounce from resistance line and start to decline

做空
BINANCE:XRPUSDT   XRP / TetherUS
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Today we will look at the price of Ripple.
Not long time ago price bounced from $0.3950 resistance line of falling channel.
At the moment price continue trades close to resistance line.
I expect that Ripple can make another upward movement, bounce from resistance line and then start to decline.
Also, I think that price can break support line and continue to fall, that's why I set up my first target at $0.38 level.
After Ripple will break support line, it can continue to go down.
For this reason, I set up my second target at $0.3650 level.

I expect this scenario, so be prepared for the next moves.
Thank you for your time, we hope our work suits you and you are satisfied, we wish you a nice day and great profits
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