After breaking above the falling trend line resistance, the coin corrected and confirmed the break as a genuine one and started to rise again.
Bids are strong for this coin in 30 zone support and we can expect a new leg up to 50usd
Also, a long trade can have a very good R:R ratio
Ripple is trading within a Channel Up since the March bottom. The price is currently consolidating near the Higher Low trend-line but the LMACD has just made a Bullish Cross. Last time that happened, XRP touched the Higher Low trend-line and started the aggressive rebound towards the Higher High trend-line. Notice also how the RSI made contact with its March...
