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Wait | 04 April 2018

04 April 2018, XRP

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Technical Observation:

XRP is currently trading with an increasing bullish bias momentum. Yesterday, the price swap places with three Simple Moving Averages (14, 52, 152) and is still rallying above them. Most importantly, the price went above the 152 SMA, this is a potential bullish dominance signal, and while the price is contained above this SMA, I expect a momentum to the upper side. This upwards rally looks more ideal, but A confirmation that the price will continue upwards is needed before I take an order to the upper side. A break above 0.5565 will be a good confirmation that the price will continue upwards.

Trade Signal.

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Imelda Maseno
Analyst of «FreshForex» company
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