Sell XRP now | 29 May 2018

Technical Observation

Yesterday, XRP plunged further and is currently approaching a key daily support level $0.9215. I went short previously upon the break below the two SMA (52, 14) and is still holding, I'm waiting to book my profits around $0.5215, and should the price break below $0.9215, then I may consider picking another short order with my next take profit at $0.1090. On its way to the lower side, the key lines to check for include $0.3930, $0.2490 and $0.2310. If these lines are broken, then a momentum towards $0.1090 is expected.

Trade Signal.

Sell XRP now towards $0.5215.

101% Double the volume

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.