Ripple (XRP) Technical Analysis 19 July 2018 - Is it right to buy now? by forex-intraday

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· @forex-intraday ·
Ripple (XRP) Technical Analysis 19 July 2018 - Is it right to buy now?
#XRPUSD

![xrpusd 19 07.PNG](https://cdn.steemitimages.com/DQmdtbipBM6Kdi6kp7MA53cSAnjF76A9PyGfNBSUwhQT84p/xrpusd%2019%2007.PNG)

Ripple is still following a falling wedge that is going on since the beginning of the year.
The price is at the bottom half and is quite far from forming a new high.
In this scenario, I prefer short positions, but the price is not very convenient at the moment, so I will wait for an opportunity to sell at the top of the wedge.

![xrpusd indicators 19 07.PNG](https://cdn.steemitimages.com/DQmZPRqizwJDgMzKaBWDzosTwe1YZh1HwjBxVAGUvQeyg3W/xrpusd%20indicators%2019%2007.PNG)

Indicators also have a slight preference for short positions.

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@forex-intraday ·
Thanks!
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