Yesterday, despite the analysis forecasting that this crypto could gain value, XRP went a bit lower than I expected and even closed below the 152 Simple Moving Average. This is a bearish dominance signal, and while the price is contained below this SMA, I choose to remain bearish bias on this crypto. Ideally, instead of looking for long positions now, I’m waiting for pullbacks to the upper side to short XRP towards $0.4100. Buying this crpto now, looks a bit risky and can not be advised, only XRP above $0.8532.
Buy XRP above $0.8522 towards $1.1568
You may check other analytical reviews on FreshForex website. Source: freshforex.com.