After an attempt break below the two SMAs, Ripple has recovered and is now above the two. As I stated previously, I expect a surge upwards with the first ideal take profit being $0.6301. If this line is breached upwards, then I'll expect a surge further upwards with the next take profit at $0.7040. Conservative traders should wait for a clear break above $0.5615 to long XRP towards $0.6301. Sell positions can be advised below $0.5045
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.
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Imelda Maseno
Analyst of «FreshForex» company
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