Buy XRP towards $0.5463 | 17 July 2018

Technical Observation

XRP is currently trading with an increasing bullish bias. Yesterday, My stop was taken out when the price went above the two SMAs 14, 52, this breakout was a clear bullish move and while the price is above this lines, I expect a surge to the upper side with my first take profit at $0.5453 and the next at $0.6303. As it is on the hourly chart, expect a surge upwards, the idea is to wait for a pullback to the lower side, then pick a long position. I may only consider a short position should the price break below $0.4250.

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.