XRP Next target 0.433 after breaking the downtrend channel
XRP Downtrend Channel Trading Strategy:
Point 1: The volume profile shows the current price is in the support area. If the price break down through then the price will touch the support area of downtrend.
If the price break up through the downtrend channel then we can see target of 0.433.
Point 2: The Price is down the 200 EMA line so we wait till it crosses the line by any side. If it break it up then crossing the downtrend channel and then we can see the target.
Point 1: The volume profile shows the current price is in the support area. If the price break down through then the price will touch the support area of downtrend.
If the price break up through the downtrend channel then we can see target of 0.433.
Point 2: The Price is down the 200 EMA line so we wait till it crosses the line by any side. If it break it up then crossing the downtrend channel and then we can see the target.
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