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ThePhoenix_

XRPUSD - SELL OFF DISTRIBUTION AFTER THE RALLY - BUY 0.33 AREA

Long
XRP (BITSTAMP:XRPUSD)  
ThePhoenix_  
BITSTAMP:XRPUSD   XRP
Trend Analysis
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trendanalysis
Following the huge upside and also an enormous upper shadow with 0.75 triggered, XRP is now close to a strong polarity support around 0.33 level. Tactically it could be a good opportunity to play a rebound with 0.45 as first target. Inversely, a break down of the 0.33 support could lead the crypto to 0.25 as next strong support.
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