Wave Analysis

Ripple is still in a corrective mode. As we said earlier, while the price is below the daily level 0.4275, we expect the current correction to extend towards 0.4275 where we'll be looking for a possible rebound to look for a long term, short position with an ultimate target at 0.1120. This view can only be invalidated in case the price breaks above 0.4275, if this is the case, then we'll wait for a pullback to the same level to pick a long term long position with the first target at 1.1400 and the next at 2.8394.

Trade Recommendations:

Only buy ripple above 0.4275

101% Double the volume