Rebuy Ripple around 0.6815 | 02 March 2018

Wave Analysis:

No significant move has been on this Crypto since the previous day's forecast. We expect a drop in price towards 0.6415, but so far we're still several points to this level. The level 0.6815 is a perfect low risk buy place and while the price is above it, a drop to it, then a rebound from it, is highly likely. Therefore, if you're not in any trades, you could remain flat, and rebuy Ripple around 0.6815 with your first target at 3.2498. The anticipated bullish price rally will be the unfolding of the next impulsive wave (3) to the upper side. This view can only be invalidated in case the price breaks below 0.6815, is this is the case, then we expect further drop towards 0.2680.

Trade Recommendations:

Rebuy Ripple 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.