Sell XRP | 12 July 2018

Technical Observation:

XRP is currently trading with an increasing bearish bias. After breaking below the two SMAs, 14 and 52, Ripple has been in a constant rally to the lower side and may break below $0.4250. If you're in a short position, you should remain short but have your take profit at $0.4250. If this take profit is taken out, then the price will continue to the lower side, with the next ideal take profit at $0.2341. On its way to the lower side, the key lines to check for include $0.4140, $0.3241, $0.3012 and $0.2314.

Trade Signal

Sell XRP with your first take profit at $0.4250

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.