Sell Ripple below 0.4134 | 30 March 2018

Wave Analysis:

Since the beginning of this year, buyers in this market has not be in any control, rather, the sellers have dominated all the way. We expect the sellers to ease a bit on the buyers when the price reaches the daily support level 0.4134. However, should the price break below 0.4134, then we expect the sellers to have further better days to the lower side and may push the price below 0.2035 towards 0.1030. According to the daily chart attached, we're only interested in short positions especially if the price can get below 0.4134.

Trade Recommendations:

Sell Ripple below 0.4134 towards 0.1030

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.