Sell Ripple towards $0.1000 | 13 August 2018

Technical Observation: Ripple is currently trading with an increasing bearish bias momentum. While the price is below the three simple Moving Averages, 14, 52, 152, I expect a surge to the lower side with an ideal take profit at 0.0212. On its way to the lowerside, the key lines to look for include $0.2512, $0.2000, and $0.1200. If these lines are broken, then further momentum to the lower side. As it is on the hourly chart, only a sell position looks more ideal and can be recommended. Trade Signal. Sell Ripple towards $0.1000

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.