Ripple Wave Analysis – 18 March 2026

Ripple: ⬇️ Sell

– Ripple reversed from resistance level 1.6000

– Likely to fall to support level 1.3160

Ripple cryptocurrency recently reversed from the resistance area between the round resistance level 1.6000 (which stopped wave A in February), upper daily Bollinger Band and the 38.2% Fibonacci correction of the downward impulse (3) from January.

The downward reversal from this resistance zone created the daily Japanese candlesticks reversal pattern Long-legged Doji.

Given the strong bearish downtrend, Ripple cryptocurrency can be expected to fall to the next support level 1.3160 (which stopped the two previous corrections (a), B and ii).