XRP has done a good move up of 20%, but now we are approaching weekly resistance (blue line). In the past there were several fake-outs above the line and XRP fell back under. So don't get excited if we move above it.
Best to be patient in the next few days and if BTC turns bearish, XRP may provide a good short opportunity.
XRP will also have an air drop with spark for all XRP holders in early Dec. So there may be some interest in the coin which may fuel buying.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.