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
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.
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Imelda Maseno
Analyst of «FreshForex» company
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