HelenP. I Ripple can make correction and then continue rise

10 Okt 2023

Hi folks today I'm prepared for you Ripple analytics. A short time ago price rebounded from the trend line and made a strong impulse up until to 0.5235 points, thereby breaking the 0.4915 support level, which coincides with the support zone. After this movement, Ripple made a correction to this level, which there moment coincided with the trend line, and then continued to move up to the 0.5300 resistance level. When the price reached this level, it made a fake breakout and in a short time declined below, but soon Ripple repeated this movement and broke the 0.5300 level, which coincided with the resistance zone again. But a not long time ago Ripple started to decline to the trend line, breaking the resistance level again and even soon price broke the trend line too and fell until to support level. After this, it rebounded up and now it traded near. For my mind, Ripple can make correction to the support level and then continues to rise. That's why I set up my target at the 0.5100 level. If you like my analytics you may support me with your like/comment ❤️