Powerful impulse of XRP price movement soon

5 may 2022

Today we bring to your attention the global schedule XRPUSDT
Roughly speaking, last 12 month, the price of XRPUSD in broad consolidation.
The main question is whether the consolidation will continue in the form of a triangle or the price XRP will update the lows to $0.44 and move in the form of a channel.

After today's sharp fall in the cryptocurrency market, the price of Ripple is at an interest point, where you can get a good medium-term trade.
Entrance to the position in the area of ​​$0.59
Stop below $0.55 (-5% of entry point)
Take profit around $0.77-0.80 (+ 30% of entry point)
Profit / loss ratio 6/1
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