take profit at 0.7165 | 01 March 2018

Technical Observation:

XRP is still within the sellers zone ($0.9373-$0.9194). I went short previously while the price was bouncing from this zone and is still holding, my expectations is that the price will continue to decline, especially after a third attempt to reach the just mentioned zone, towards $0.7165. While the price is below $0.9373, only short positions look more ideal and can be recommended, however, if the price zone break above ($0.9373-$0.9194), then I'll be waiting for a pullback to the just broken zone to buy XRP towards $1.1765. On the way upwards, the key lines to look for include $1.0330, $1.1300 and 1.2320.

Trade Signal.

Sell XRP around $0.9373 have your take profit at 0.7165