Buy XRP towards $0.94 | 26 July 2018

Technical Observation

XRP is currently trading with a neutral bias. That the price is now above $0.4419 is as clear signal that this crpto could be headed to the upper side. However, instead of picking a long position now, I choose to wait for a clear break above the two Simple Moving Averages to pick a least risk buy order with my take profit at $0.9420. As it is on the hourly chart, only buy positions looks more ideal. But should price break below $0.4419, then this will be a good place to look for a short position towards $0.21.

Trade Signal.

Buy XRP towards $0.94

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.