Kind of. If you also look at the previous rallyes, XRP has been rather "anticyclical", just hoping market doesn't turn deeply bear again. XRP jumped to 0.65$ in September under worsening conditions (especially some altcoins performed badly in that period).
This coin is to huge, to give any prediction.
Printed pattern doesn't show any future pattern easy to understand.
For me looks like, by next pump it will try to be nr1 crypto and never come back to position two or behind.
0.52$ should be easy target but more like li 2$ is coming in coming weeks
Just look 1 year ago, btc 8300$ ripple 0.89$ , now btc 5200$ ripple 0.33$.
ADA, TRX, LTC,ETH, NEO everyone came back now to a better dominance in $$ at least 6 months ago.
Next step is near to 2$ would bring it back. But we will see here few resistance level, beginning on 0.42-0.78$ and way is free up to 2$
Hey guys, thanks for your comments. Follow this link for some useful charts: ht tps:/ /xrpcharts.ripple. com/#/metrics
If you are counting on a broad adoption of XRP, then look at them. At first glance, I am bit worried about on chain transactions, though. Let's see what the future will bring, still very low volume may lead to another volatility squeeze and finally to a breakout