Elliott waves crypto analysis – we’re short below 0.25359

XRP –

Wave Analysis

Compared to the others, Rippled bounced off perfectly from a 4 hour support level and is now heading to the upper side. As long as the price remains above this level, we expect nothing but a possible momentum to the upper side with an ultimate target at 0.43520. According to the 4 hour support level, a clear break below 0.25359 will attract a long term short position with an ideal target at 0.20. You may also look for a short position should the price rebound from 0..43520, you could place a pending trade around 0.43520 to the lower side.

Trade Recommendations:

we’re short below 0.25359

101% Double the volume

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