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You can remain flat | 09 April 2018

09 April 2018, XRP

You can remain flat
Technical Observation:
XRP is currently trading with a neural bias. This Virtual currency is slowly to climbing above the three Simple Moving Averages and may end up staying above them. This is a potential bullish dominance sign, and if the price can achieve this goal, of closing above the three SMAs, then I'll Expect a steep rise towards $0.5352 and may extend higher to $0.6155. While this rally seems more appealing especially if the price can close above the three moving averages, a rally to the lower side will be much better, and any sell opportunities are much more advised.
Trade Signal.
You can remain flat or look for short positions

FreshForex cancels commissions!

Imelda Maseno
Analyst of «FreshForex» company
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