Ripple can make a small movement down and then continue to grow

Hello traders, I want share with you my opinion about Ripple. Observing the chart, we can see that the price some time ago started to decline inside the downward channel, in which it first fell to the 0.7170 resistance level, which coincides with the seller zone. But soon, Ripple broke this level and declined to support line of the channel, and then it tried to rise, and in a short time price reached the 0.7170 resistance level and a few time traded near. Next, Ripple made a little correction and then rose to the resistance line of the channel, after which it rebounded down and fell below 0.5020 support level to the support line, exiting from the downward channel. Then price at once rebounded higher this level, thereby making a fake breakout and at the moment Ripple trades very close to the support line, which coincides with the buyer zone. Probably price can make a small movement down below the support line to the support level and then it rebounds up and continues to move up. For this reason, I set up my target at 0.5900. Please share this idea with your friends and click Boost 🚀