Buy ripple at 0.6815 | 08 March 2018

Wave Analysis:

Just as in Ethereum and Bitcoin, Ripple is gradually loosing ground in relation to the United States Dollar. As we forecasted yesterday, our buyers territory is at 0.6815, and while the price is not anywhere close to this line, we choose to remain on the sidelines. Buy any clear rebound from it will attract a low risk long position towards 3.2898. As long as we're above 0.6815, we expect buyers dominance after sometimes, but if the price should break below 0.6815, then we expect a possible momentum to the lower side but should not go beyond 0.2425.

Trade Recommendations:

Buy ripple at 0.6815 with your take profit at 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.