Sell XRP now | 13 June 2018

Technical Observation

As I said yesterday, XRP rallied lower and is still rallying with an increasing bearish bias. While the price is contained below the two simple Moving Averages (14, 52), I expect a surge to the lower side. Just as in BTC and Ether, this crypto could continue to plummet with a take profit around last years lowest low. On its way downwards,the key possible support lines to take profits include $0.4511, $0.4102, $0.2341, if these lines are broken, then XRP could be headed towards $0.10 or even lower.

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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.