Remain flat temporarily. | 11 September 2018

Technical observation

Recently price rallied towards a support 0.25542 but could not penetrate below it, price was rejected and is currently pulling back towards a resistance 0.29956.I expect nothing but a rejection of price at it for downwards movement of Ripple towards 0.25542 and a possible breakout below it for a further decline in price. If you bought this crypto at 0.25542, remain in the trade but not for long. The ideal place to pick a trade for long term traders is at 0.29956 after a correction to it and a rejection of price at it. Remain flat temporarily and wait for the correction to 0.29956 to short Ripple with your target at 0.25542.

Trade signal

Remain flat temporarily.

101% Double the volume

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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.