As we can see, Ripple broke above the area of $0.37 that was acting as the resistance. Now as we broke through that area and made perfect retest, we flipped that resistance into the support and we do believe we could see Ripple reaching $0.5 and our main target at $0.57. Invalidation would be close below the previous resistance area of $0.37.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.