XRP –
Wave Analysis:
Despite the massively decline in price seen yesterday, Ripple could not break below the 4 hour support level 0.4340. This is a key level and as long as it contains the price above it, we expect a possible rebound from it to pick a long position with an ultimate target at 0.7425. This view can only be invalidated in case the price breaks below 0.4340, and even then, we’ll need a confirmation that the price will continue downwards with an ideal target along the previous years lowest low 0.10.
Trade Recommendations:
Buy Ripple now towards 0.7425
101% Double the volume
!Attention!
All bonus participates in drawdown!
You may check other analytical reviews on FreshForex website. Source: freshforex.com.