After news that cryptocurrency Ripple would escrow 55 billion coins came through, the coin started jumping upward. It is sustaining a very long bullish run and does not look like it wants to stop running just yet.
We are currently in a consolidation phase, where a pennant has formed on the chart. Once the coin breaks this pennant formation, look for price to break above $1 easily. This should be the end of the penny days for Ripple.
Time to see where this coin ends up in the crypto-world.