Expect a rally to the upperside | 09 April 2018

Ripple is slowly gaining momentum to the upper side. Recently, the price broke above the upper trend line and is still above the horizontal support zone 0.4480-0.4356, as long as this zone protects the lower side, we expect a possible momentum to the upper side. The anticipated bullish price rally will be the continuation of a corrective three wave cycle to the upper side and should break above 0.7181 towards 0.8491. This pair can only be rendered futile in case the price breaks below 0.4356, this being the case, we'll expect a momentum to the lower side.

We expect a rally to the upperside