This is a long term analysis with potential profits of 9,670% (from support). Buy zone .00060 to .00200 Targets are: 0.0042 0.00764 0.00857 0.00982 (take some profit!) 0.0258 ( ATH 0.30% based on long term trend line ) This is for educational purposes only and not a buy/sell signal. Please make your own analysis before trading. Thanks
Ripple looks to have found its resistance at 6877 and is performing a falling wedge pattern. If it breaks the falling wedge its the first good sign for the beginning of bullish confirmation. A further signal can be seen at 9542 where resistance is broken at the 0.382 Fibonacci retracement line. If 9542 is broken my target will be at 13704, giving a 44% profit...
Wait for retracement at 433 level where we have strong support and set the following targets: 1. 626 2. 820