Wave Analysis

Since the beginning of this week, Ripple has been pulling back upwards but is till below the 4 hour resistance level 0.31025. This is a key level and while the price remains below this level, we expect a possible rebound from this level to culminate into a possible rally to the lowerside. This downward rally is the continuation of the impulsive wave (5) to the lower side and may break below 0.25085 but should not extend below 0.24.

Trade Recommendations:

We're short from 0.31025

101% Double the volume