Technical crypto analysis based on breakout – Sell XRP towards $0.23


Sell XRP towards $0.23

Technical Obsevertion

Just as Ether and Bitcoin, XRP is now trading with an increasing bearish bias momentum. In the immediate past, XRP went below the two Simple Moving Averages and is still rallying below these two. As I stated, while the price remains below these two, I expect a momentum to the lowerside. If you’re yet to settle for a short position now, you could wait for a slight retracement to chart XRP towards $0.23 and could breakout even lower. So far, for the better part of this year, XRP has been on the falling mode and chances of falling further are very high.

Trade Signal.

Sell XRP towards $0.23

101% Double the volume

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