Wait for a buy from 0.4282 | 01 August 2018

Technical Observation

Just as Ethereum, Ripple is below the two Simple Moving Averages 14,52 but is above the 4 hour support level 0.4282. The line 0.4282 is a key line and while it keeps the price above it, I expect a surge to the upper side with an ideal take profit at 0.9380. On its way upwards, the key lines to check for include $0.5235, $0.6715, $0.7900. If these lines are broken, then I'll expect a surge towards $0.9380. As it is, I'm only interested in a buy on a bounce from $0.4282, but should the price break below it, then a rally to the lower side is expected.

Trade Signal.

Wait for a buy from 0.4282

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.