Elliott waves crypto analysis – Only sell ripple below 0.4348

XRP –

Ripple

Wave Analysis

During the previous week, Ripple continued to rally to the lowerside and is still within the falling channel formation. Last week, Ripple attempted a breakout below 0.4490-0.4348 but failed to sustain this breakout. we’re still waiting for the signs that the Impulsive wave (E) has ended so that we buy the this crypto. On the 4 hour chart attached, we’re waiting for either a clear breakout below 0.4348 to pick a short position, or a breakout above the upper trend line to pick a long position with an ultimate target at 0.7435.

Trade Recommendations:

Only sell ripple below 0.4348

101% Double the volume

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