This is a tough one for sure. On one hand we have adoption, huge partnerships in the works and suspense of Xrapid going live on much broader scale. We also have USD pair which looks very and is due for breakout any day now. If we were to look strictly at this chart as just any other stock, we start to turn as we see 6 month of heavy accumulation hanging on to weak 7800 .
Sentiment in the market is surely and we are also on XRP / USD and XRP / BTC however with that said we would not recommend to LONG this one on Bitmex with high leverage or several stop losses.
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