Hello, welcome to this XRP/USDT 1DAY chart update by CRYPTOSANDERS.
I have tried my best to bring the best possible outcome to this chart. Show some support do hit the like button, follow and comment in the comment section. this motivates me to bring this kind of chart analysis on regular basis.
CHART ANALYSIS: The cryptocurrency was recently rejected by the upper trendline of the bearish flag pattern and dropped to the middle boundary. This level nearly aligns with strong short-term support at $0.45.
If the price drops below both the boundary and the $0.45 support level, a plummet toward the channel’s lower trendline will be inevitable. Contrarily, if XRP successfully surpasses the multi-month descending trendline, a rally toward the $0.85 resistance region is anticipated.
This is not a piece of financial advice.
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