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Re sell within $0.35095-0.34076. | 03 September 2018

03 September 2018, XRP

Re sell  within $0.35095-0.34076.

Technical observation

XRP is rallying with an increasing bullish momentum which I expect to end within $0.35095-0.34076.for a long time now this crypto has been in a downwards trend and chances of rallying to the upper side are minimal. When price is resisted within $0.35095-0.34076,I expect a bearish momentum towards $0.31009 and may break lower towards 0.25562.As it is on the 4Hour chart above , a move to the lower side seems more ideal and can safely be advised within $0.35095-0.34076with take profit being $0.31009.A buy can only be considered In case the price extend above $0.35095-0.34076 towards 0.41013.

Trade signal

Re sell XRP within $0.35095-0.34076.

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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.
Imelda Maseno
Analyst of «FreshForex» company
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