Elliott waves crypto analysis – Buy Ripple now towards 0.7425

XRP –

Buy Ripple now towards 0.7425

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

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