XRP –
Technical Observation
XRP is currently trading with an increasing bullish momentum. Yesterday, XRP pulled back to the lower side but is still above the two SMAs. As I mentioned last month, while the price is above these two, I expect further momentum to the upper side. On its way upwards, the key lines to check for include $0.5463, $0.6303 and 0.6975. If these lines are broken, then the price will likely continue to the upper side with the next take profit at $1.00. I will only consider a short position should the price break below 0.4515.
Trade Signal.
Buy XRP towards $0.5463.
101% Double the volume
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