Wait | 04 April 2018

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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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.