The chart is showing a clear bullish pattern that has begun from the retrace to sub 7000 level. It's all up from here. Don't mind the bull and bear traps along the way - there are there to corner the margin traders. Stay the course until at least 9500, then we will reassess the possibility of 11100 and above.
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Watch for the .5450 resistance on XRP USD to be broken in the next hour in order for XRP BTC to shoot up
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We are seeing a rally towards that .5450 resistance on XRP USD right now. Watch closely, if breaks - upward momentum is imminent. Open a position with a tight stop now, or wait until we break the resistance to open a safer position.