XRP –

Sell XRP towards $0.4240.

Technical Observation

Ripple is currently trading with an increasing bearish bias. XRP failed to sustain the break above the three Simple Moving Averages and instead is now below the three SMAs, as I mentioned few days ago, while the price is below the three SMAs, I expect a surge to the lower-side with an ideal take profit at $0.4240. And should price break below this take profit, I’ll wait for a pullback to the just broken line to short ripple with my next take profit being fixed at $0.231. Any movements below this take profit will push the price further low towards $0.10.

Trade Signal.

Sell XRP towards $0.4240.

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