Sell XRP towards $0.121. | 16 July 2018

Technical Observation

Just as Ether, Ripple is still rallying below the two SMAs, while the price is contained below this twi, I expect a steep surge to the lowerside with my first take profit at $0.4130, and the next at $0.2313. If these lines are clearly broken, then XRP could continue to loose value, but should not breach last year's lowest low, $0.10. If this support contain the price it, then I'll look for a low risk buy order with my take profit at $0.5451. If this take profit is taken out, then a rise towards $0.6433 or even higher is expected.

Trade Signal.

Sell XRP towards $0.121.

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.