Buy XRP towards $0.5463. | 04 July 2018

Technical Observation

XRP is currently trading with an increasing bullish momentum. Yesterday, XRP pulled back to the lower side but is still above the two SMAs. As I mentioned last month, while the price is above these two, I expect further momentum to the upper side. On its way upwards, the key lines to check for include $0.5463, $0.6303 and 0.6975. If these lines are broken, then the price will likely continue to the upper side with the next take profit at $1.00. I will only consider a short position should the price break below 0.4515.

Trade Signal.

Buy 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.