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Long XRP now towards $0.8040 | 13 April 2018

13 April 2018, XRP

Long XRP now towards $0.8040

Technical Observation

XRP continues to sustain the Break above the two Simple Moving Averages (14, 52) and is not showing any signs of easening any time sooner. Unless there's a clear break below the 52 SMA, I choose to remain bullish on this Virtual currency, just as in the case of ETH, I longed XRP previously when the price was around $0.4580 and is still holding onto this position, My expectations is that the price will surge further upwards with my take profit being $0.8215. On the way upwards, the key lines to look for include $0.7005 and $0.7695.

Trade Signal.

Long XRP now towards $0.8040

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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.
Imelda Maseno
Analyst of «FreshForex» company
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