Buy Ripple around 0.6415 | 07 March 2018

Wave Analysis:

Just as in Bitcoin and Ethereum, Ripple dropped considerable to the lower side and could still fall even further during this intraday. Our buyers territory are somewhere around 0.6415, so, if you're not already in a long position, you could wait for a rebound from 0.6415 to long this virtual currency and have your first target at 1.7170 and the next target at 3.2898. Should the price break below 0.6415, the we'll expect a possible bearish price movement towards 0.2680 or even lower to 0.1105. According to the 4 hour chart above, a long position looks more ideal, especially around 0.6415 with an ideal target at 3.2498.

Trade Recommendations:

Buy Ripple around 0.6415 with your target at 3.2498.

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.