Sell XRP towards $0.3272 | 19 March 2018

Technical Observation:

Following the bearish pin bar seen a few weeks ago, XRP has been trading to the lower side and is still trading with a bearish bias. I went short earlier last week and is still holding onto this position. My expectations is the price should continue to decline with my take profit at $0.3272. On the way downwards, the key lines to look for include $0.5923, $0.4260 and the last at $0.3272. Should the price break below $0.3272, then I'll expect a drop towards $0.0975. As it is on the weekly chart above, only sell positions looks more ideal and can be advised towards $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.