Rebuy Ripple at 0.6815 | 27 February 2018

Wave Analysis:

After a sharp drop in price earlier this year, Ripple could not go below the 0.6815 mark. We expect this level to have marked the end of the corrective wave (2) that any movements to the upper side will be the unfolding of the next impulsive wave (3) to the upper side and may break above 3.2898 towards 5.000 or even higher. According to the current chart set, only a buy looks more ideal, but if the price can break below 0.6815, then a bearish price rally towards 0.2320 or even lower to 0.10 or even lower. We strongly recommend buying ripple again upon a rebound from 0.6815.

Trade Recommendations:

Rebuy Ripple at 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.