Ripple price forecast - chart indicates an increase of 40%!

In our last Ripple price forecast , we wrote about whether the price could reach $ 1 next and whether the price could even reach the $ 2 mark again. We then came to the conclusion that the Ripple price could rise to the $ 1 mark in the near future, which it did, and that the price will not head towards the $ 2 for the time being. To do this, we would have to break certain resistances so that this is more likely. Today we will tell you about the Ripple course!

The Ripple price was able to correct today up to the GoldenPocket, which is at around $ 0.865. Because of this correction, the course has formed a possible ABC sequence. However, this sequence is not activated. It becomes active as soon as the price makes a new higher high. This would occur as soon as the price rises above $ 1.0167. The intermediate goal of the ABC sequence is approximately $ 1.1074. There the Ripple course could ricochet for the first time. The final goal of the sequence is between $ 1.25 and $ 1.35. This area is also considered to be resistance, so we expect the price will not rise more than $ 1.35.

In order for ripple to hit $ 2, it needs to break the resistance area between $ 1.31 and $ 1.36. This resistance is currently the strongest on the Ripplechart. This has already served as resistance several times and the price could only be briefly above the resistance once. When the price was above the resistance for a short time, it was also able to scratch the $ 2 mark.

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