XRP is testing a very strong resistance that it has been trying to break out of since the correction started.
As of now we can either see a nice breakout to hopefully get into a trend, or we will see this retest previous support in the trend it's currently in.
The RSI shows in the 15m this is currently overbought so we may see a breakout
If we get a breakout we will see resistance at this blue trend line, but if Ripple is strong enough we will see this enter its previous nice uptrend.
As of now we can either see a nice breakout to hopefully get into a trend, or we will see this retest previous support in the trend it's currently in.
The RSI shows in the 15m this is currently overbought so we may see a breakout
If we get a breakout we will see resistance at this blue trend line, but if Ripple is strong enough we will see this enter its previous nice uptrend.
Comment:
My prediction was accurate. We brokeout and retested the blue trend line. We did not see enough support to break through it though, Next time! This is a good sign though, this shows people are still believing in ripple!
Comment:
we are still outside of the downtrend we have been in since the correction, so this is great news!