Buy XRP | 28 August 2018

Technical Observation

Ripple is now rallying around 0.3434, few pips above the three Simple Moving Averages, while the price is above the three SMAs, I expect nothing but a possible surge upwards with an ideal take profit at 0.45280. On its way upwards, you could take profit at 0.36280, 0.40780 and 0.44140. If these lines are broken, then further momentum towards 0.46390. On the other side, only a clear breakout below 0.2500 will attract a long term short position with an ideal take profit below 0.20 and could go even lower to 0.10.

Trade Signal.

Buy 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.