FieryTrading

🔥 XRP Had A Huge Day: Change Of Trend

Long
BINANCE:XRPUSDT   XRP / TetherUS
XRP has arguably been one of the weaker alts in the new year. Where most alts saw gains of well over 50%, XRP got stuck around the 25% mark... Until today.

Today marks the day that XRP has broken out of a long-term resistance. Seeing the size of the candle, I'd wager that this is the start of a longer-term trend change, given that BTC will not sell off hard in the near future.

In my view, it's likely that XRP will continue to move up in the near future. I'm looking at the blue area of resistance as a potential target.

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