RIPPLE quotes are moving from the early April in the upper channel. Looking at the H4 interval, a downward correction has been building for two sessions. Currently, the price has reached the key support resulting from the lower limit of the 1:1 system, the EMA100 average and previous price reactions. In the case of a rebound, another growth impulse towards the resistance of 2.81-2.95 is not ruled out. On the other hand, in the case of negation of support and going below the lower limit of the growth channel, the trend may change to a downward one. Then the level of 2.08 should be treated as the nearest support.
RIPPLE interwał H4. Źródło: xStation5
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