Elliott waves crypto analysis – we’re short towards 0.2515

XRP –

Wave Analysis

Last trading day, ripple brokeout below the supportive trendline and is now on the lowerside. A key support can be seen around 0.2515, and should the price break below this level, then we’ll wait for a pullback to the same level to pick a long term short position with an ultimate target at 0.10. The ideal here is to look for a short position as long as the price is below the supportive trendline. This view can only be invalidated in case the price breaks above the upper trendline, if this is the case, then a rally upwards is expected.

Trade Recommendations:

we’re short towards 0.2515

101% Double the volume

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