XRP –
Technical Observation
XRP is currently rallying below the two SMAs. While the price is contained below these two, I expect surge to the lower side. On its way downwards, the key lines to check for include $0.4250, $0.2345 and $0.1231. If these lines are breached, then I expect a surge towards $0.01214. This downward rally is expected since the price is below the two SMAs. As it is on the hourly chart, only a sell position looks more ideal, but should the price break above $0.5463, then I expect a surge towards $0.6303 or even higher.
Trade Signal.
Sell XRP towards $0.2345.
101% Double the volume
!Attention!
All bonus participates in drawdown!
You may check other analytical reviews on FreshForex website. Source: freshforex.com.