No Movement Occurred in Ripple

It has been horizontal for a long time

Ripple 0,1926USDT (-0.03)

Ripple had broken its rising trend down 3 days ago. As of this breakdown, XRP, which is trying to log on trend again, could not do this and seems to approve this break. In addition, the large amount of XRPs in Ripple, which could not spoil the long-running horizontal trend, also suppressed the price performance. The sending of 800 million XRP to an unknown wallet from the Ripple OTC distribution account on June 9 has also increased the fear and uncertainty situation in Ripple. Technically scrutinized, Ripple, following the downtrend, gives a weak look. The positioning of oscillators in overbought areas may trigger a new selling pressure. Therefore, it will be beneficial to be cautious for new positions.

Resistors: 0.210 / 0.232 / 0.290

Supports: 0,1905 / 0,189 / 0,174

screenshot with my analist in 12.06.2020