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