Ripple Analysis and Expected Rebound Areas

Best Areas to Sell Ripple

 

Ripple has managed to rebound and rise

again after the currency's recent strong bearish wave.

The currency rose after reaching demand areas at 2.0868,

and rose again in an attempt to reduce recent significant losses.

The currency is expected to continue rising in the medium term,

reaching supply areas above near 2.9285,

which is considered one of the most important and best expected selling areas.

If the specified supply areas are reached, a decline is expected

to reach the specified targets at 2.79000 and 2.63000.

The analysis failed to break and close above the specified supply areas,

specifically, a daily candle close above 3.10090.