Buy XRP above $0.8095 | 14 May 2018

Technical Observation

Even while the other Crypto, Ether, is gaining an active momentum to the upper side. Ripple went lower than I previously expected and is now below a key daily line $0.8095. This crypto should be actively on the upper side, especially while its being supported by the 152 Simple Moving Average. Ideally, despite the fact that the price is below $0.8095, I still expect a surge upwards and should break above $0.8095 towards $1.1568 or even higher $1.5603. At the moment, I may not consider short position, however, should the price rebound from $0.8095, then this will be a good place to look for short position.

Trade Signal.

Buy XRP above $0.8095 with your first take profit at $1.1568 and the next at $1.5603

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.