Watch for a potential buy towards $0.6303 | 19 June 2018

Technical Observation

XRP traded rapidly to the upper side and even went above the two Simple Moving Averages (14, 52). And As I said earlier, while the price is contained above these two SMAs, I expect further surge upwards and should first breakout above 0.6303 before a move further upwards is seen. On its way upwards, the key lines to check for include $0.5900, $0.6303, $0.6850 and $0.7821. On the other side, in case of a break below $0.5045, then this will be a good place to hunt for long term short positions with an ideal take profit at $0.23.

Trade Signal.

Watch for a potential buy towards $0.6303

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.