XRP –

Wait for a correction towards 0.37025 to pick a long position.

Wave Analysis

Earlier today, the impulsive wave (c) extended significantly to the upperside and is still pretty much bullish both on the daily and the weekly charts. Following the break above 0.35025, we expect further momentum to the upper side. The anticipated bullish price rally is the continuation of the impulsive wave further to the upper side. If you’re not already in a long position, you could wait for a correction towards 0.37025 to pick a long term long position to the upper side. Should the price break below 0.37025, then we’ll expect a rally to the lower side.

Trade Recommendations:

Wait for a correction towards 0.37025 to pick a long position.

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