$RIPPLE - Unfortunatelly, Prefers a Downtrend

XRP prefers a downtrend already second year in a row. We are on the upward support and inside the upward channel, but is it feels like a confident buy? I think it's not.

Judging by the TA, we can compare the chart with Bitcoin in November 2018. Remember that? We have an upward local support, horizontal levels drawn by this and previous year lows and the support level, that managed to stay after 6 attempts to break it. Unfortunately, this strong support level at $0.2815 was finally broken and now the price is located below. The final dump can happen in case $0.2450 is broken. This can cause a savage 50% dump, just like on BTC one year ago.

What can save XRP from that? Only strong buy volumes breaking $0.2815 and flying up to downward resistance of a triangle. All this area is extremely dangerous for both bulls and bears, so there is a logical question - what's the point of moving the price in it. That's why the priority is downward now and the price makes all holders move out and sell XRP.