Sell XRP now towards $0.8480 | 27 February 2018

Technical Observation:

Just recently, XRP established a support around $0.8480 and is currently pulling back upwards. Currently, the price is at a key sellers zone ($0.9373-$0.9194). While the price is contained within this zone, I expect a sell position now. My expectation is that the price will continue to decline from here, but should first break below $0.8480. If a break below $0.8480 should take place, then I'll be good to continue short with my take profit still fixed at $0.7165. At the moment, I can only advice selling XRP, but if the price should get above $0.9373, then I expect a surge towards $1.1545.

Trade Signal.

Sell XRP now towards $0.8480 and the next take profit at $0.7165

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.