Wave Analysis:

Ripple is still rallying within the previously stated Triangular formation. In the very recent past, the price established a support around a key zone 0.4532 and is still pretty much around it. Unless there's a clear break below 0.4134, we choose to remain on the sidelines, our expectations is that the price will continue upwards towards the upper trend line where we'll be looking for a low risk sell position. Should the price break below 0.4134, then we expect a possible momentum to the lower side.

Trade Recommendation

Wait for a break below 0.4134 to pick a short position towards 0.2314