We're looking for long positions: | 06 August 2018

Ripple weekly Review

Wave Analysis

Ripple is currently bouncing from a daily support level 0.4775. This is a key level and as long as the price remains above it, we expect the steep decline that has been dominating since late year to be a correction and as long as the price fails to penetrate 0.4775, we expect a possible rally to the upper side with an ultimate target at 2.8394. Should price break below 0.4775, than this will be an ideal place to pick a long term short position with your take profit around 0.0790 but should not be any lower.

Trade Recommendations:

We're looking for long positions:

101% Double the volume

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.