Monfex

RIPPLE will give us great Profits, be Sure!

Long
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Hello, Traders!
Monfex is at your service and today we overview XRP/USD.

What do you expect from Ripple?
Curent price ~$0.257

It is moving in the falling wedge and now near support - buy - accumulation zone. Also XRP has by Stoch RSI two bullish div and going to leave the oversold zone. So we have asume that soon will be good positive movement on this chart!
We have key resistance price level ~ $0.266, there is resistance volume with MA20 by the breakdown of which we also can assume buy position.

Active Trade Signal by XRP/USD
- Buy below $0.248
- Take profit ~ $0.322
- Stop at $0.218

Share your thoughts, ideas about the market under the chart.

Disclaimer
This report is for information purposes only and should not be considered a solicitation to buy or sell any trading assets. Monfex accepts no responsibility for any consequences resulting from the use of this material. Any person acting on this trade idea does so entirely at their own risk.
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