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Rippletether

Ripple a good or bad bet for now.A nice bet in crypto can be the Ripple coin. As it has not formed a new LOWER LOW. The coin on seems to hold the support level of 0.585 on weekly basis. The coin has been in a bearish trend and signs of trend reversal are there. Ripple had made an equal and if it break the previous high convincingly a bullish momentum is possible. On weekly analysis, coin is trading around its 20 ema. Ripple can be a positional trade. The coin has consolidated in a range on a high time frame, its break out will confirm the trend reversal. Moreover, it will be trading above its moving averages. A nice momentum trade can also be initiated for intraday and swing trade.
by Mambotrade
💡Don't miss the great buy opportunity in XRPUSDTTrading suggestion: ". There is a possibility of temporary retracement to suggested support line (0.5656). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . XRPUSDT is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 51. Take Profits: TP1= @ 0.6055 TP2= @ 0.6261 TP3= @ 0.6553 TP4= @ 0.6780 TP5= @ 0.7454 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_ME
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