XRP / TetherUS
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XRP (RIPPLE) simple analysis

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XRP / USDT

1- Bullish flag
price after breaking out from major descending channel
Now price is forming flag pattern which is bullish
For this pattern to be successed local support (red color 0.55$-0.56$)should hold and we can see nice impulse toward 0.66$-0.74$ area

2- If this local support failed :
Price will go down to test channel upper trendline
And also 200 EMA (dynamic support in same area)
If price dropped there we can expect a nice bounce

Good luck and happy trading for you all 🌹
註釋
I want to remind you
Las time i did analysis on xrp we made 23% profit in spot in less than 1 day you can check my previous idea here :

XRP(Ripple) try to breakout !
註釋
Price followed scenario 2
And we entered short on bearish retest
See our profit results here 👇👇

XRP/USDT short signal (RESULT)

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