XRP shows allot of strength, good risk reward setup

XRP is sill inside the bull flag/triangle. It could always break both ways, but that's why i use a stop loss in case i am wrong. An upside break has much bigger chances because market sentiment is very bullish lately and looks like FOMO is kicking in again. Now we do not have the same strength we had a few months ago, volume is clearly lower which tells us the demand is much lower than during the the big hype a few months ago. I have labeled a few rallies, so you can clearly see the differences between now and 4 months ago. The last 2 rallies also had a spike up, but much smaller than 4 months ago. I am just saying this so you don't get your hopes up to much about seeing the same kind of bull run we had back than. It could still happen, but then the volume has to increase as well. We are not there yet!

Bitcoin is having some troubles with the 9000 resistance, but it starting to look like the bulls will win the fight which could give another push for bullish sentiment in this market.
For now it is an easy trade, good risk reward here. I did this analysis in XRPBTC because allot of followers asked me to use BTC as a trading pair. The XRPUSD show a similar picture.

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My previous analysis on XRP

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XRPUSD already did make a nice rally

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This is why i don't use the BTC pairs, XRPUSD has a clear profit now and able to move up the stop level for a free trade. Of course there are moments where the BTC has more advantage, but not this time