XRP –

We're long as long as the price is above the upper trendline.

Wave Analysis

In the recent past, Ripple broke out above the upper trend line and is still pretty much above it. As long as the price remains above this level, we expect nothing but a possible momentum to the upper side. We expect the recent rebound above the upper trend line to have marked an end to the correction of the impulsive wave (c), that the current bullish price rally is the unfolding of another impulsive wave count and should break above 0.74125, if this is the case, the case, then further bullish price rally is expected.

Trade Recommendations:

We’re long as long as the price is above the upper trendline.

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