Labworx
Long

RIPPLE Buy Idea

BITFINEX:XRPUSD   XRP / U.S. Dollar
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As Long as the last LOW is respected this bullish divergence followed by a bullish convergence could indicate we will see at least a retrace towards 50% Fibo Retracement of the last wave down. As this last triple cycle down is again the third leg of another bigger cycle, price might even retrace higher.

As long as the last low is respected buy ripple with first target 0.5615 and maybe even higher.
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