Close
Login

Sell ripple below 0.4346 | 06 April 2018

06 April 2018, XRP

Sell ripple below 0.4346

Wave Analyisis

Ripple is still trading below the upper resistive trend line, and most importantly above the hourly support zone 0.4480-0.4346. As long as this support protects the lower side, we choose to remain on the sidelines, our expectations is that the price should break perfectly below 0.4346 to confirm a possible bearish momentum. The anticipated bearish price rally will be the continuation of the impulsive wave (5) to the lower side and should break below the 0.30 handles towards last year's lowest low 0.090

Trade Recommendation:

Sell ripple below 0.4346 towards 0.30

FreshForex cancels commissions!


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.
Bob Stan
Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .