XRP –
Technical observation
Yesterday, Ripple pulled intensely to the upper side and is now above the highest support key line 0.40942 this is a bullish dominance signal and while price is above this key line I expect a rally to the upper side. In the meantime, I’m waiting for a correction to 0.40942 to confirm further possible momentum to the upper side to pick long positions towards 0.48770.Should there be a breach above 0.48770 with a big green candle, wait for a pullback to it to confirm further bullish momentum of price before you pick long positions. Short positions may only be recommended below 0.40942 towards 0.34658 after a clear breakout below it.
Trade signal
Wait for a correction to 0.40942.
101% Double the volume
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