Technical crypto analysis based on breakout – Buy XRP now towards $0.9480


Technical Observation

XRP rallied accurately upwards after retracing towards the hourly support set at $0.6303. Most important, the price is still rallying above the two SMAs (14, 52). As I said earlier this month, while the price is contained above these two SMAs, and above the hourly support $0.6303, I expect a rally upwards with my ideal take profit at $0.9480. On its way upwards, the key lines to check for include $0.7245, $0.8300, and $0.9005. If these lines are breached, then a rise towards $0.9480 will be the nest ideal move. As it is, only buy positions remains ideal.

Trade Signal.

Buy XRP now towards $0.9480.

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