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Ripple coin Bear flag is forming

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Bear flag is forming at four-hour chart. And the price is currently trading below the 50,100,200 exponential moving average.

The current level is below 50% Fibonacci retracement level. 61.8% Fibonacci will be act as resistance for bearish trend.

On upside 0.31000 will be a major resistance level. On downside the target would be 0.21000.

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Disclaimer
It’s not a financial advice. Do the analyze and take a decision.
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Its in downtrend ảnh chụp nhanh
FibonacciSupport and ResistanceTrend Linesxrpusdxrpusdanalysisxrpusdforecastxrpusdideaxrpusdshort

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