Sell XRP towards $0.1000 | 13 July 2018

Technical Observation

XRP is currently trading with a slightly increasing bullish momentum. While the price is contained below the two Simple Moving Averages, I expect a surge to the lowerside with an ultimate take profit at $0.1000. On its way to the lower side, the key lines to check for include $0.3200, $0.2351, and $0.2000 . If these lines are broken, then the price will continue even lower. As it is, only a sell position, looks ideal, but should the price break above the two SMAs, then I may consider a long position towards $0.5463.

Trade Signal.

Sell XRP towards $0.1000

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.