Buy a breakout above $0.5189 | 12 April 2018

Technical Observation

XRP is currently trading with an increasing bullish momentum. As I forecast on the other day's forecast, XRP successfully retained the price above the two Simple Moving Averages (14, 52) and is not showing any signs of getting below them in the near future. As it is, the price is at a key hourly resistance level $0.5189 and should break above. If you didn't go long the previous day based on the forecast, you could wait for a break above $0.5189, then buy this Virtual currency with your take profit at $0.7005.

Trade Signal.

Buy a breakout above $0.5189 with your take profit at $0.7005

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.