XRP –

Buy XRP towards $0.5453

Technical Observation:

On Wednesday, XRP rallied higher and again ended up above the two SMAs 14, 52. That the price went above the two SMA is a significant move. As I stated earlier last month, while the price is contained above the two, expect a surge towards $0.5461. A break above this line will push the price further upwards with the last take profit at $0.6303. I will only consider sell positions should the price breakout below $0.4390. Should this happen, then I’ll expect a spike downwards towards $0.1212.

Trade Signal.

Buy XRP towards $0.5453

101% Double the volume

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