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2018-01-14

Ripple Analysis


In the last two days, Ripple is stuck under 10 and 20-day EMA and it CAN'T  be traded above them. It's also traded in a short downtrend. You should wait for Ripple to breakout the downtrend as well as goes above 10 and 20-day EMA to initiate long positions. The next target when breakout happens is $2.75.



On the downside, if it fails to breakout the downtrend it's more likely to rally to $1.75  thereafter to $1.50 where you can open long positions.

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