As expected XRP has busted upward form its inverted head and shoulder pattern on the 1 hour chart. The breakout target of that should have been right at the top trendline
of the 4hr chart falling wedge
but the price action has exploded well above that and seems like it will very likely trigger the falling wedge
breakout as well. So now the price target we are looking for next is 39 cents. We are quite overextended on the stochrsi though so we may consolidate sideways in a bull flag
first before continuing upward to the 39 cent target. The current 4hr volume
candle is absolutely massive which is a great sign for the bulls. Expect exciting fundamental developments from xrp in the coming days/weeks.