Just as Ethereum, ripple continues to lose value considerably and is still pretty much bearish both on the daily and the weekly chats. As long As the price remains below 0.41986, we expect a possible momentum to the lower side. The anticipated bearish price rally is the continuation of the impulsive wave (5) to the lower side and should break below 0.27490. If price should gain momentum upwards, then the next place to look for a long term sell is 0.41986. This is a key 4 hour resistance line and a good sell place.
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.
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Bob Stan
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