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Disclaimer: Cryptomover is not a licensed financial advisor. The information presented in this piece is an opinion, and is not purported to be fact. Cryptocurrency is a volatile virtual commodity and can move quickly in any direction. Cryptomover is not responsible for any loss incurred by following this advice.

19.TECHNICAL ANALYSIS: XRPBTC (Published: 10th Jul, 2017)
The XRP/BTC has been moving in a narrowing channel. Recently the price reached the support level again and then had a short fall. It then quickly rebounded back to the uptrend line at around 0.00011BTC. Investors should look for confirmation signals for a small short trade or go long if the price breaks out at that level.

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