I've recently come to the conclusion that there are Pump and Dump occurrences taking place in the market, whether it's organised or just one seller, I don't know. I've highlighted one such area where the price just shoots up and suddenly drops as soon as their limit is hit in what I believe is be a pump and dump strategy. As a result there is a lack of confidence...
Though I'd share this analysis of where I think XRP is headed. I plan to buy and sell along this trend line to hopefully increase my XRP. So far it's held strongly to this channel, however I believe that it will encounter support at around 1.55. This is my first analysis.