Hello everyone, this is my review on XRPUSDT. Feel free to check it out and leave comments.
Inside the ascending channel, the price moved up after breaking the $0.5070 level and bouncing off the support line.
Following this, Ripple started to fall, and a short while later it left its channel and slid under a support level.
Then the price dropped to the next support level, and Ripple entered a flat state.
Price tried to rise in flat but failed and dropped below $0.4400 level, to support line.
The price is currently trading close to the support line, and I believe Ripple can bounce to the resistance line.
In addition, the price may correct to the support line or not, break through the resistance, and continue to rise to the $0.4750 level.