Look for a long position now | 11 April 2018

Wave Analysis:

Ripple is still rallying within the triangular formation, not going below the 4 hour support level 0.4532 or above the upper resistive trend line. As long as the price remains above this support, we expect this level to have marked the end of the impulsive wave (c) to the lower side, that any clear movements to the upper side will mean looking for a buy position, however, instead of going long now, conservative traders should wait for a break above the upper trend line to confirm a possible rally to the upper side.

Trade Recommendation:

Look for a long position now towards the upper trendline

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.