Elliott waves crypto analysis – Resell ripple upon a correction towards 0.4275

XRP –

Resell ripple upon a correction towards 0.4275

Wave Analysis Ripple is currently showing signs of sustaining the break below the daily support level 0.4275. The break below this daily support was a main move and as long as the price remains below this level, we expect a possible rally further to the lowerside and should break below 0.1990, but should not go lower than 0.0590. If you’re a bit skeptic to look for a short position now, you can wait for a pullback towards 0.4275 to pick a short position. Trade Recommendation Resell ripple upon a correction towards 0.4275.

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