altcoinanalyst

XRP ready to break out into new highs?

Long
KRAKEN:XRPUSD   XRP
XRP to USD has broken through the 200 MA and looks posed to go for another bull run. Combined with the listing on Japan's DMM exchange we should see another big run in XRP due to the increased demand. DMM only allows for purchases of 7 currencies.

The 7 supported cryptocurrencies are bitcoin (BTC), ethereum (ETH), nem (XEM), ripple (XRP), litecoin (LTC), ethereum classic (ETC), and bitcoin cash (BCH).

With XRP being the most talked about and cheapest of the above coins, I believe the Japanese consumers will be willing to put money on XRP moving to new highs.

Buy in: 0.0001600 - 0.0001750
Target1: 0.0002000
Target 2: 0.0002400

Good luck, happy trading and make sure to do your research.

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