JohnBat
Long

Everything looks like strong growths.

BITSTAMP:XRPUSD   XRP / U.S. Dollar

The current consolidation was badly needed for further increases on XRP. From the technical point of view, breaking the resistance from above and breaking the bottom turned out to be a strong signal for further gains. Additionally, this fact is confirmed by the closed candle on D1 above the resistance at $ 0.28 and the price moving in the falling channel to the parabolic line (red).
The remaining indicators that were added to the analysis confirm the upward scenario. They show that we are ready to break (strong) in the coming time but the move will not be very strong as the RSI indicator shows the formation of a double spike around $ 0.35 maybe 0.4 $. At present, everything looks very good from a technical point of view.

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