Buy XRP now towards $2.5069 | 07 May 2018

Technical Obsevation

For almost a fortnight after break above the supportive zone $0.8095-$0.8532, XRP is still ralling above this zone. Unless there's a clear break below this zone with a big red candle, I still expect further rally to the upper side. I went long previously around $0.5500 and is still holding, my expectations is that the price should spike further upwards. If you not already in a long position, you could wait and buy a XRP upon a break above the 152 SMA, and have your take profit at $2.5089. On it's way to the upper side, some of the key lines to take profits include, $1.1568, $1.5603, $1.9595 and $2.5089.

Trade Signal.

Buy XRP now towards $2.5069

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.