Ripple is Ready for a Bullish Ride
Ripple (ZRP) is fully controlled by the bulls since July 13. The XRPUSD closed Tuesday in green zone adding 5.49%, and continues to follow the upside trend. The pair still has open interest from investors’ side.
I expect a downside correction of the pair amid contraction I trading volumes. So, it may drop to 0.7290-0.7360. This correction could open a good buy opportunity alongside a general bullish trend that has been established since June 14.
I would urge to use this opportunity to go long at 0.7290-0.7360 with a target at 0.8335 and stop loss at 0.7070.
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