sell XRP now | 09 August 2018

Technical Observation

XRP is currently trading with an increasing bearish bias. As I mentioned yesterday, XRP declined steeply and is still showing signs of dropping even further. I went short previously and is still holding, my expectations is that the price should continue to the lower side and should breakout below $0.31280. This being the case, I expect further rash to the lower side with my other take profit being set at $0.2134. As it is on the hourly chart, only a sell position looks ideal, but should the price rise above $0.42170, then I'll look for a long position.

Trade Signal.

sell XRP now

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.