Be neutral. | 11 April 2018

Technical Observation

Nothing clear on this Virtual currency. Since the other day's forecast, nothing much has changed on XRP, the price is still rallying in and out of the two Simple moving averages (14, 52). Unless there's a clear move to either the upper side or to the lower side with a big candle, I choose to remain neutral on this Virtual currency, My expectation is that the price can move either way, and therefore, unless a clear direction can be seen, I choose to remain flat. A good indication that the price will continue upwards will be a break above $0.5270, while on the lower side, a break below $0.4425 will push the price to the lower side.

Trade Signal.

Be neutral.

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.