Just a simple idea but the chart is pretty clear to me.
XRP is on the bottom trendline of a channel and it could skyrocket to the upper trendline.
I would pay attention to the $ 0.5 zone because there is an important resistance but, should the prices push through it then XRP could skyrocket to test the upper trendline. For your own safety remember to put a stop loss just under the trendline.
XRP is pretty stable since a week and demonstrated pretty resiliency during the last BTC correction, but volumes are low, this is my main concern.
Remember to DYOR and trade safe!
Jack
Trade closed: stop reached
⋅
I've been stopped as tonight XRP broke the bottom trendline. Low volumes play a big game here. Now looking for a good entry point.