XRP –

We’re long from 0.3615

Wave Analysis:
After a spike to the upperside during the previous week, Ripple is now pulling back to the lowerside. We expect the downward rally that began few days ago to be the unfolding of the corrective wave b and should not go beyond 0.36815 where we’ll be looking to buy the last impulsive wave c towards 0.68315. This view can only be invalidated in case the price breaks below 0.36815, If this should be the case, then we’ll wait for a correction to the just broken level to pick a long term short position.
Trade Recommendations:
We’re long from 0.3615

101% Double the volume

!Attention!
All bonus participates in drawdown!

FreshForex cancels commissions!

You may check other analytical reviews on FreshForex website. Source: freshforex.com.

By admin