MarketIntel

Ripple: Ripple Your Muscles! 💪

做空
KRAKEN:XRPUSD   XRP
So far, Ripple has been happily rippling below the resistance line at $1.41608 and has missed to touch at our yellow trading box between $0.50959 and $0.71. However, we still expect it to dive into the box to finish wave in red there. From this low, Ripple should rise up again until the $1.41608 mark, where it should gain power for further increase.
Alternatively, there is still a 35% chance that the price could fall below the trading box and below the support at $0.50959. From there, the next line at $0.34007 as well as lower goals shouldn’t be far.
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