Sell XRP now towards $0.7165 | 28 February 2018

Technical Observation:

As I forecasted yesterday, XRP declined after a bounce from the 4 hour resistance zone $0.9323-$0.9354. I expect a surge downwards as I said earlier and will be booking my profits upon reaching the support $0.7165. If you're not into this sell, you could wait for a second attempt rise above to sell with precision. In case the price break above $0.9323, then I'll patiently wait for a pullback to the just broken zone to pick a long position with my take profit being $1.1755. On the way upwards, the key lines to look for include $1.0190, and $1.18530 while on the lower side, the key lines include $0.8405 and 0.7165.

Trade Signal.

Sell XRP now towards $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.