Technical crypto analysis based on breakout – Sell Ripple towards $0.1000


Sell Ripple towards $0.1000

Technical Observation: Ripple is currently trading with an increasing bearish bias momentum. While the price is below the three simple Moving Averages, 14, 52, 152, I expect a surge to the lower side with an ideal take profit at 0.0212. On its way to the lowerside, the key lines to look for include $0.2512, $0.2000, and $0.1200. If these lines are broken, then further momentum to the lower side. As it is on the hourly chart, only a sell position looks more ideal and can be recommended. Trade Signal. Sell Ripple towards $0.1000

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