For anybody who is new to cryptocurrency and wonder what XRP is.. XRP is a digital asset built for payments. It is the native digital asset on the XRP Ledger—an open-source, permissionless and decentralized blockchain technology that can settle transactions in 3-5 seconds. XRP can be sent directly without needing a central intermediary, making it a convenient instrument in bridging two different currencies quickly and efficiently.
XRP had a clear break above previous resistance and is currently retesting previous resistance to see if it will hold as support. If so, this would be a solid long position. There’s obviously quite a few things going on at the moment with all the SEC now etc so you would expect this to lag a little behind other crypto but I do believe there’s potential here. Keep this on your watchlist. - Factor Four