Long XRP towards $0.5463 | 03 July 2018

Technical Observation

Just as in ETH and BTC, Ripple gained value considerable and is still showing signs of gaining even further. Yesterday, XRP rallied significantly to the upperside and is still very bullish on the hourly charts. Even most important, the price went above the two SMAs, and as I mentioned sometimes back, while the price is rallying above these two SMAs (14, 52), I expect a rally to the upper side. On the way upwards, I expect a rejection from either $0.5463, and $0.6303, should these lines be broken, then I expect a surge towards $1.000.

Trade Signal.

Long XRP towards $0.5463

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.