Ripple /U.S.dollar (XRPUSD) Elliott Wave Technical Analysis 

Function: Follow Trend

Mode: Motive

Structure: Impulse

Position: Wave ((3))

Direction Next higher Degrees: wave 1 of Motive

Details: Wave 3 is usually equal to 1.618 multiplied Length of wave 1

Wave Cancel invalid level: 0.41001

Ripple /U.S.dollar (XRPUSD) Trading Strategy: Ripple bounces well from the 0.443 level and can still hold above the MA200 line, leading us to expect Wave 2 to end at 0.443 and Wave 3 is usually equal to 1.618 multiplied Length of wave 1.

Ripple /U.S.dollar (XRPUSD) Technical Indicators: The price is above the MA200 indicating an Uptrend MACD and RSI are Bullish momentum.

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