Wave Analysis

During the previous trading, ripple gained value slightly to the upperside and is still above 0.25359. As long as this level protects the lowerside, we expect the recent rebound from this level to have marked an end to the previous five wave cycle, that the current bullish price rally is the unfolding of a corrective three wave cycle and could break above 0.36. If this is then we'll wait for another break above 0.43520 to pick a bullish position with an ultimate target at 0.53720. This view can only be invalidated in case the price breaks below 0.25359, if this is then, we'll expect a momentum to the lowerside.

Trade Recommendations:

we're long from 0.25359

101% Double the volume