If we look at the 4-hour chart of the Ripple Cryptocurrency, you can see the appearance of the Descending Broadening Wedge pattern so that it has an impact in the future, in the near future Ripple has the potential to appreciate an upward rally with the main target being the 0.4146 level as the main target and if it is successfully broken above, then the 0.4332 level will be the next target to go to with a note that during its journey to that target Ripple has not been corrected down significantly beyond the 0.3714 level because if this level is exceeded, then it is very likely that the upward rally scenario described earlier will become invalid and cancel with itself.
Relevance up to 01:00 2022-12-10 UTC+1 Company does not offer investment advice and the analysis performed does not guarantee results. The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
