Technical crypto analysis based on breakout – Sell XRP towards $0.2345.


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

All bonus participates in drawdown!

FreshForex cancels commissions!

You may check other analytical reviews on FreshForex website. Source:

Leave a Reply