MarketIntel

Ripple: Trellis🌿

Largo
KRAKEN:XRPUSD   XRP
As springtime has already begun, many people start preparing their gardens and balconies for the new season. We, too, have put a trellis in place, which our Ripple-vine can use to thrive and prosper. Accordingly, it should soon climb above the resistance at $1.01642, aiming for new highs above the next mark at $1.41608. However, if Ripple falls below the support at $0.6229, this could increase the probability of our alternative scenario. So far, there is a 40% chance that Ripple could drop below $0.50959 and further below $0.34007 from there.
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