Bears get your pitchforks out! Your 10c target is in D A N G E R!
We're out of the downtrend, these are areas to keep an eye on as we transition into the uptrend. ---Short term analysis--- XRP may wick to $0.285, possibly $0.235 before targeting $0.34. Breaking $0.34 puts $0.51 in play. The $0.34 target happens to be a big barrier because we are dealing with: - Lots of confluence here - Downwards pressure that has been built...
Assuming the rest of the market remains in a bullish uptrend we might see a similar(ish) repeat of the early 2017 move. P.S I have no idea what I'm doing :)
Short term XRP visits $0.221, finds support, and closes the weekly above the trend. It then starts eating away at the $0.355 resistance until it finally breaks. After breaking $0.355 XRP hovers somewhere between $0.335 and $0.50 for a week or so. Similarly to $0.335 one or more attempts will be needed to pass $0.51. First however $0.335 needs to be confirmed as...