Buy XRP | 03 August 2018

Technical Observation

In the recent past, Ripple bounced off from the supportive trendline and is still pretty much above this line. While the price is contained above this line, I expect a surge to the upperside with my take profit along the upper resistance trendline. Should this line get broken to the upperside, then I'll expect a surge further upwards with my next ideal take profit at $$0.55400. On the otherside, should the price break below the lower supportive trendline, then I'll wait for a retracement to the just broken line to pick a sell position towards $0.2310.

Trade Signal.

Long Ripple towards the upper trendline.

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.