XRP Daily timeframe analysis
#Ripple lost a significant support area 12 days ago (on June 21) and came below this area as well as its long-term uptrend line.
During these few days, it was pulling back to this area.
It closed and confirmed the end of the pullback by forming the evening star candlestick pattern.
there is also a weak positive divergence in the MACD, which can slow down the falling trend.
We expect the price of this currency to fall to the specified support areas in the next few days. .
Supports: 0.53 - 0.44 - 0.38 - 0.31
❌ Note: This is my personal analysis and opinion and not a buy and sell signal.
__ Be successful and profitable __
During these few days, it was pulling back to this area.
It closed and confirmed the end of the pullback by forming the evening star candlestick pattern.
there is also a weak positive divergence in the MACD, which can slow down the falling trend.
We expect the price of this currency to fall to the specified support areas in the next few days. .
Supports: 0.53 - 0.44 - 0.38 - 0.31
❌ Note: This is my personal analysis and opinion and not a buy and sell signal.
__ Be successful and profitable __
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