we're short towards 0.124. | 16 July 2018

Wave Analysis

Even after an attempt to rise above 0.4478, Ripple rallied just slightly higher and has now gone below the same level. As long as the price is below this level and also within the falling channel formation, we expect nothing but a bearish price rally and should break below 0.41341. The anticipated bearish price rally is the continuation of the impulsive wave (v) and should break below 0.4000 but should not go below 0.231. If this target is broken, then the price will continue to the lowerside with an ultimate target at 0.120.

Trade Recommendations:

we're short towards 0.124.

101% Double the volume