Sell XRP towards $0.3272 | 13 March 2018

Technical Observation

Last week's candle was a perfect bearish pin bar. This is a possible indication that the bears are in complete dominance, thus, this week, I expect a surge to the lower side, based on this pin bar, and should stretch below the $0.5925 support line towards the Buyers area set at $0.3272. If you went short based on my previous week's forecasts, you could leave these positions open. Alternatively, could wait for a pullback to last week's opening price then short XRP towards $0.3272. On the way downwards, the key lines to look for include $0.5925, and 0.3272.

Trade Signal.

Sell XRP towards $0.3272

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.