Long XRP towards $0.9180 | 06 June 2018

Technical Observation

Ripple retraced towards the line $0.6303, but could not penetrate further. XRP also bounced from the two SMAs (14. 52) and is now upwards. I went long perfectly around $0.6303 and is still holding onto this position, my expectations is that the price should continue upwards with the first take profit at $0.7420, next at $0.8125 and the last $0.9180. If these lines are breached, then expect a surge upwards towards the $1.000 handle. As it is, only buy positions seems more ideal and can be recommended.

Trade Signal.

Long XRP towards $0.9180

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.