We’re looking for a long position above 0.41986 | 24 September 2018
24 September 2018, XRP
Wave Analysis:
Last week, Ripple gained value tremendously and even went above 0.41986. As long as the price is above this level, we expect nothing but a possible momentum to the upper side. The anticipated bullish price rally is the unfolding of an impulsive wave count and should break above 0.79290 but should not go higher than 0.90620. As it is on the 4 hour chart, we’re waiting for a break below 0.41966 to pick a long term short position with an ultimate target at 0.26710.
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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