$0.23 was reached earlier today after a stormy session and as the total market capitalization of the crypto world peaked at $239 billion - more than $20 billion up since Monday afternoon.
The door now looks open for $0.30, but I would like to see a proper consolidation in the $0.23 - $0.25 zone and a stable increase above these two lines:
- XRP is 12 percent up today.
- Next levels to monitor upwards are $0.23 and $0.25 prior to $0.30, which also acts as a psychological line
- Bulls definitely need to avoid drop below $0.215
- Generally speaking the momentum starts build now as more and more people start to join the game again.