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Buy XRP towards $0.5453 | 18 July 2018

18 July 2018, XRP

Buy XRP towards $0.5453

Technical Observation

After breaking above the two Simple Moving Averages, Ripple rallied intensly to the upperside and is still very bullish on both the hourly and 4 hour chart. As I stated clearly last month, while the price is contained above these two SMAs, I expect a surge upwards and should break above $0.5453. If this line is breached, then I expect further surge upwards towards $0.63033. As it is on the hourly chart, only a long term long position looks more ideal, and if you're not already in a long position, you could wait for retracements.

Trade Signal.

Buy XRP towards $0.5453

101% Double the volume

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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.
Imelda Maseno
Analyst of «FreshForex» company
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