Since Friday's Forecast, XRP attempted another rise above the $0.9377 mark but ended up again below it an even lower below $0.9194. My stop loss wast triggered when the price wet above $0.9377, but I'm waiting for another sell order in case the price can sustain below $0.9194. I expect the price to plummet even further with my sell exit being $0.7018. If this is breached, then I expect a decline towards $0.10 or much lower. On the way downwards, the key lines to look for include $0.8481, $0.7018, $0.6109 and $0.4190. If these lines are broken, then a decline towards $0.10 will be the next ideal move. On the other side, if the price break above $0.9194, then I'll wait for a break above $0.9377 towards $1.000.
Trade Signal.
Short XRP towards $0.7018
The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
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Imelda Maseno
Analyst of «FreshForex» company
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