Ripple's sharp rejection from the upper bound of the Kovach Reversals Indicator has been followed by some consolidation at the central moving average. Additionally, the 0.75 Fibonacci Fan Level should provide support at $0.235. Elliott Wave Analysis suggests that we need to break highs at $0.296 or so in order to properly form Wave 3.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.