RIPPLE XRP Breaks Resistance!

in #ripple6 years ago

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Ripple price made a nice upside move and broke the $0.2500 resistance against the US Dollar.
Yesterday’s highlighted contracting triangle with resistance at $0.2400 was broken on the hourly chart of the XRP/USD pair (data source from Kraken).
The pair is now well above the $0.2550 level and looks set for more gains in the near term.
Ripple price broke key resistances against the US Dollar and Bitcoin. XRP/USD is now above $0.2500 and eyeing further upsides.Screen Shot 2017-12-12 at 7.20.27 AM.pngScreen Shot 2017-12-12 at 7.20.41 AM.png

Looks like us Ripple holders finally got a break (sort of). XRP broke the $0.25 then $0.26 and now the $0.27 mark. Thirty cents ($0.30) is mere three cents away now and many believe that breach will send XRP to new levels. There is a continued stream of positive news regarding XRP coming from business sources as well as inside rumor information about various deals. Yes - there are NDAs signed so many deals are not known until the day it happens.

Get ready to see some strong moves in XRP.

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UPDATE* Ripple touched the $0.30 - fighting a sell wall at $0.31 on Bitstamp. I watched a trade come in on Bittrex for 39 BTC into XRP. That was about 2.3 million XRP.

Nice! Do you have a wallet preference for ripple?

I know the name. Thanks

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