Technical crypto analysis based on breakout – Sell XRP on a slight retracement

XRP –
Sell XRP on a slight retracement
Technical observation:
Just as in ETH and BTC, XRP declined steadily and is still showing signs of dropping even further. While the price is below the thee Simple Moving Averages, I expect a surge to the lower side, with an ideal take profit at $0.1020. On its way downwards, the key lines to look for include $0.25, $0.20 and $0.1321, if these lines are broken, then a rally towards 0.02 is expected or even lower. As it is on thee hourly chart, only a sell position looks ideal and can be recommended.
Trade Signal.
Sell XRP on a slight retracement

101% Double the volume

!Attention!
All bonus participates in drawdown!

FreshForex cancels commissions!

You may check other analytical reviews on FreshForex website. Source: freshforex.com.