XRPUSDT| Bounce off the trend line.
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On the daily chart, the asset hit the downtrend line again, the last time the asset bounced off the trend line, XRP received a -16% correction.
At the moment, the asset is standing near a strong local resistance of $0.5, we see that they are not allowed to break through higher, my expectations are that the asset will again receive a correction to the zone of $0.46-0.44
Not financial advice!!!
On the daily chart, the asset hit the downtrend line again, the last time the asset bounced off the trend line, XRP received a -16% correction.
At the moment, the asset is standing near a strong local resistance of $0.5, we see that they are not allowed to break through higher, my expectations are that the asset will again receive a correction to the zone of $0.46-0.44
Not financial advice!!!
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