The name of the idea speaks for itself. To see the global trend channel of the falling price of XRPUSDT, we invite you to take a look at this idea 👇, because today the analysis will be on less timeframe.
The main achievement of XRP can be considered that the price did not update the lows that were set in June 2022. It's hard to pronounce it, but: buyers of XRPUSD showed more strength than buyers of BTCUSDT, who allowed the price to update the lows of 2022.)
This means that the time has come for the realization of the strength of buyers. We see this in the form of the future growth of the Ripple price along the following route: Growth impulse - consolidation under $0.50 - growth impulse - breakout of the trend line - reaching the local target of $0.60 - $0.65
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