Short XRP now towards $0.321. | 27 March 2018

Technical Observation

XRP is currently trading with an increasing bearish momentum. Perfectly as I mentioned of yesterday, XRP went below $0.5830, and is still showing signs of rallying even lower. So far, XRP has remained below the three simple moving moving averages indicating that the price will continue to the lower side. With that in mind, expect a surge towards $0.3214, and may stretch even lower. On the way to the lower side, the key lines to look for include $0.5253, $0.5123, $0.4521 and $0.4423. If these lines are breached, then I'll expect a surge towards $0.3214.

Trade Signal.

Short XRP now towards $0.3214.

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.