Recently, Ripple slide below the support area seen at 0.9500 and is still pretty much on the lower side. There're two main levels to look for here 1.000 and 0.6815. Any close approach towards these levels will attract a trade, but even better if the price can drop and draw close to 0.6815. This is a potential buy place and as long as it is not violated, we expect the impulsive wave (3) to the upper side and may break above 3.2898 towards 5.000. According to the current chart set up, remain flat and wait for a buy around 0.6815. If this support is broken, then XRP could drop even further towards the December low of 0.2300.
Trade Recommendations:
Buy XRP around 0.6815 towards 3.2898
The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
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Bob Stan
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