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Sell XRP on a slight retracement | 14 August 2018

14 August 2018, XRP

Sell XRP on a slight retracement
Technical observation:
Just as in ETH and BTC, XRP declined steadily and is still showing signs of dropping even further. While the price is below the thee Simple Moving Averages, I expect a surge to the lower side, with an ideal take profit at $0.1020. On its way downwards, the key lines to look for include $0.25, $0.20 and $0.1321, if these lines are broken, then a rally towards 0.02 is expected or even lower. As it is on thee hourly chart, only a sell position looks ideal and can be recommended.
Trade Signal.
Sell XRP on a slight retracement

101% Double the volume

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Imelda Maseno
Analyst of «FreshForex» company
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