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.
Trade Recommendations:
We expect a rally to the upperside
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.
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Bob Stan
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