Technical crypto analysis based on breakout – Sell XRP now

XRP –

Sell XRP now

Technical Observation

XRP is currently trading with an increasing bearish bias. Recently, the price went below all the three Simple Moving Ava rages and is still way below them, I expect further plunge and may extend below the daily support line $0.5215. If you went short with me previously, then its good to remain short on this Crypto. And expect breakout below $0.5215 to confirm a possible rally towards $0.2700 or even lower. Buy positions can only be recommended on a break above $0.8595 or a rebound from $0.5215, but as it is, only a short position towards $0.5215 is ideal.

Trade Signal.

Sell XRP now towards $0.5215.

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