Technical crypto analysis based on breakout – Buy XRP towards $0.8155


Buy XRP towards $0.8155

Technical Observation

XRP is now rallying above the two Simple Moving Average (14, 52). As I said before, this is a sign that the price will continue upwards, thus, now that the price is above this line, I expect a surge upwards with my ideal take profit at $0.8155. On its way upwards, the key lines to check for include $0.7085, $0.7800, and $0.8155. If these lines are breached, then a rally towards $1.000 is expected. As it is, sell positions can only be advised in case of a breakout below $0.6010 and the next at $0.4580.

Trade Signal.

Buy XRP towards $0.8155

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