XRP is still trading below the two SMAs. As I mentioned earlier last month, I expect a rally to the lower side with an ideal take profit at $0.10. So far, unless the price clearly breaks above the two SMAs, 14,52, I expect nothing but a surge to the lower side. On its way to the lower side, the key lines to look for include $0.4420, $0.4300, $0.3200 and $0.2300. Should these lines be broken, then the price will push further towards $0.10 or even lower. I may only consider a buy position should the price break above the two SMAs
Remain short towards $0.10
101% Double the volume
All bonus participates in drawdown!
You may check other analytical reviews on FreshForex website. Source: freshforex.com.