waiting for a bounce from 0.4275 | 24 August 2018

Wave Analysis

Just as Ethereum, Ripple has not move an inch towards our direction. We're still waiting for a rebound from 0.4275 to pick a long term short position with an ultimate target at 0.1120. However, should the price break above 0.4275, then this will be a good place to look for along term long position. The level 0.4275 is a key daily level and a break above it will be a major move in the market, thus, if you're not in any position now, wait for a break above it to pick a long position, or a bounce from it to sell.

Trade Recommendations

waiting for a bounce from 0.4275

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.