XRP is bullish on lower timeframes and so far the 15h chart is the highest confirmation so far of a bullish run. If this volume and buying pressure continues, next stop will be flipping the 1D timeframe to bullish. When that happens, I will make another update.
Current resistance lies at 51c. Previous test failed, if we concur 51c my next target is the FIB ratio 0,618 and that is 66c.
I don't know for a fact that it could be a cause but there is a large following on telegram/twatter/insta declaring a pump on Monday. This follows the WBS/Robinhood saga, people are asking "where is the SEC now?"
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Comment
WBS = WSB
Typo. (WallStreetBets)
Trade active
Target approaching 66c
Trade closed: target reached
Target reached, the bull market is running strong. I will make another post shortly for the next target.
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