Buy XRP above $0.8095 | 15 May 2018

Technical Observation

XRP is currently trading with a slowly increasing bullish momentum, but is still below the $0.8095 handle. While the price is still being supported by the 152 Simple Moving Average, i expect a surge to the upper side and should head towards $2.5059 in long run. If you're not long already, then you should wait for a break above $0.8095 to pick a long position with your take profit at $2.5089. On its way to the upper side, the key lines to look for include $1.15603, $ 1.9595, and 1.5089, if these lines are broken, then the price will rise towards $5.000.

Trade Signal.

Buy XRP above $0.8095 with your first take profit at 1.1568

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.