Wave Analysis

After breaking above upper trendline acting as a resistance to the contracting wedge formation, Ripple pulled back to the same trendline but is now rallying upwards. As long as the price remains above the upper trendline, we expect a possible momentum to the upper side. We expect the anticipated upward rally to be impulsive in nature and may break above 0.6796 towards 0.9325 or even higher. At the moment, only buy positions looks more ideal and can be recommended but with a take profit at 0.6795.

Trade Recommendations,

Buy towads 0.6796.

101% Double the volume