Ripple/Bitcoin (XRPBTC) was in a symmetrical triangle for a while and it finally broke out.
I added some support and resistance levels where the price might react.
Price is dropping and it stopped at one of my support/resistance levels I put on my chart.
Price is testing that support level (0.00008930) for the third time now,which happens to be a strong support level.
Possible scenarios:
Price tests the current support level (0.00008930) and it finally breaks through and moves to the next support level (0.00007380)
Price tests the current support level and it moves back up and test the broken trendline (the support line of the symmetrical triangle)
Price moves back up tests the broken triangle and shoots upside to the resistance levels