Resell ripple around 0.4252 | 15 August 2018

Wave Analysis

During the previous trading day, ripple rallied intensely to the lower side and is still very bearish. As long as the price remains below the daily level 0.4252, we highly recommend looking for short position, if you're a but skeptic for any sell positions now, you should wait for a correction towards 0.4252 then pick a low risk short position. The anticipated bearish price rally is the continuation of the impulsive wave (5)and should first[ break below this week's lowest low before a move further to the lower side is seen.

Trade Recommendation

Resell ripple around 0.4252

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.