Technical crypto analysis based on breakout – Long XRP towards $0.9180

XRP –

Long XRP towards $0.9180

Technical Observation

Ripple retraced towards the line $0.6303, but could not penetrate further. XRP also bounced from the two SMAs (14. 52) and is now upwards. I went long perfectly around $0.6303 and is still holding onto this position, my expectations is that the price should continue upwards with the first take profit at $0.7420, next at $0.8125 and the last $0.9180. If these lines are breached, then expect a surge upwards towards the $1.000 handle. As it is, only buy positions seems more ideal and can be recommended.

Trade Signal.

Long XRP towards $0.9180

101% Double the volume

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