There are some signals that are pointing to a resumption of the bullish trend... Let me show you.
See the this Doji, 30-June, it is a strong reversal signal. It wicked together with the session 28-June.
Now, today's candle is already pushing higher, removing/challenging resistance.
It is moving above EMA10 now and challenged EMA50 and EMA21, this is early morning.
This signals are based on the short-term and points towards a resumption of the bullish trend.
If the day closes above EMA50 (0.48490) it is very likely that XRPUSD consolidation is over and will move ahead.
This analysis is invalidated only if XRPUSD moves and closes below 0.44900 on the daily timeframe. Any trading above this level and this analysis remains active.
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