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Buy a rebound from 0.6815. | 14 March 2018

14 March 2018, XRP

Buy a rebound from 0.6815.

Wave Analysis:

Just as in Ethereum and Bitcoin, for the past few days, no significant move has been seen in Ripple. Though moving down, Ripple has been dropping in peanuts but still above the daily support seen at 0.6815. This is a potential buyers territory and as long as it is not violated to the lower side, we're waiting for a bounce from to buy it with an ultimate target at 3.2898. Should the price gets below 0.6815, then we expect further momentum towards 0.2425. As long as the price is above 0.6815, our focus is in buying. Only a break below 0.6815 will call for short positions.

Trade Recommendations:

Buy a rebound from 0.6815.

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Bob Stan
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