XRPUSD First Target 1 USD, Then 1.28 At Least
XRP is also looking good, maybe not as good as ETH but still good.
Unlike ETH (see my ETH analysis) XRP still has some way to go to penetrate its RSI resistance, but its MACD turned bullish, it has successfully brake its falling wedge formation and tested its support levels, and turned upwards.
Now we have another resistance area here and we are also waiting for BTC to trigger its own rally. One way or another I believe its going up because it has shown that it cannot go down (or maybe we should say, market does not want to sell XRP)
Also bear in mind that XRP is now above fib 50 of the latest dip and top and if it can also break the last wave's fib 50 (0.78) it should trigger its main rally that should take it up to 1 usd as a first step. Then 1.23 and even up to 1.39.
Unlike ETH (see my ETH analysis) XRP still has some way to go to penetrate its RSI resistance, but its MACD turned bullish, it has successfully brake its falling wedge formation and tested its support levels, and turned upwards.
Now we have another resistance area here and we are also waiting for BTC to trigger its own rally. One way or another I believe its going up because it has shown that it cannot go down (or maybe we should say, market does not want to sell XRP)
Also bear in mind that XRP is now above fib 50 of the latest dip and top and if it can also break the last wave's fib 50 (0.78) it should trigger its main rally that should take it up to 1 usd as a first step. Then 1.23 and even up to 1.39.
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