Ripple gets a negative motive – Analysis - 13-03-2018

Ripple price traded negatively yesterday to complete forming bearish pennant’s pattern that its signs appear on the chart, which supports the chances of continuing the bearish trend in the upcoming sessions, paving the way to test 0.72 level that represents our first target, which breaking it represents the key to extend the bearish wave towards 0.56.

Therefore, we will continue to suggest the bearish trend on the intraday basis unless breaching 0.82 level and holding above it.

Expected trading range for today is between 0.56 support and 0.89 resistance

Expected trend for today: Bearish