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Wave Analysis:
Ripple picked up some bullish momentum after establishing a support around 0.6815. This is a main support both on the higher and the lower time frames, thus, it acts as a potential buy slot for this virtual currency. From a wider point of view, I expect a dominant bullish presence of this crypto, therefore, I’ll be looking for a potential buy position with an ultimate target at 3.3470 or even higher. If the price should go below 0.6815, then I expect a sharp decline towards 0.2320 or even lower. Have in mind that, I’m predicting a bullish presence on this crypto thus, only a buy position looks best for me.
Trade Recommendations:
Remain long towards 1.3470
You may check other analytical reviews on FreshForex website. Source: freshforex.com.