$XRP
Price is in an uptrend. After a bullish breakout from Symmetrical Triangle, price reached our target of $0.67. We would be buyers on pullbacks to near $0.50 support, which could be a swing trade entry opportunity with +30% potential upside back to $0.67. Stop Loss at $0.48.
Pattern: Price is Approaching Support, which is a level where it could pause or reverse its recent decline, at least temporarily. Support is often a level where price has bounced up in the past, or potentially prior Resistance level that was broken. (concept known as polarity). Once price breaks below support, it can move lower to the next support level.
Trend: Short-term trend is Strong Down, Medium-term trend is Strong Down, Long-term trend is Down.
Momentum: Price is neither overbought nor oversold currently, based on RSI-14 levels (RSI > 30 and RSI < 70).
Support and Resistance: Nearest Support Zone is $0.50, then $0.42. Nearest Resistance Zone is $0.57, then $0.67.