sell XRP | 15 August 2018

Technical Observation

XRP Is currently trading with an increasing bearish bias momentum. Last trading day, instead of rallying downwards, this crypto pulled back upwards but is still below the 152 SMA, As I mentioned few days ago, while the price is below this SMA, I still expect a momentum to the lowerside. If you're already in a short position, you can leave this position open but have your take profit at 0.010. As it is on the hourly chart, only a sell position looks more ideal. But should the price break above 0.3168, then this will be an ideal place to look for a buy position.

Trade Signal.

sell XRP

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.