Buy XRP towards $0.5453 | 05 July 2018

Technical Observation:

On Wednesday, XRP rallied higher and again ended up above the two SMAs 14, 52. That the price went above the two SMA is a significant move. As I stated earlier last month, while the price is contained above the two, expect a surge towards $0.5461. A break above this line will push the price further upwards with the last take profit at $0.6303. I will only consider sell positions should the price breakout below $0.4390. Should this happen, then I'll expect a spike downwards towards $0.1212.

Trade Signal.

Buy XRP towards $0.5453

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.