XRP surprises with a good news, doesn't it?While BTC is scaring us with a falling market cap, finally we have some good news from Coincheck . As it continues to get back its ten months position after it suffered a crippling breach that cost the exchange over half a billion dollars.
According to the news from 27th of September, According to a press release sent out today, Coincheck will be resuming trading services for both XRP and Factom (FCT). What does it mean for us? That the exchange is now fully operational and making all of its previous trading pairs once again available to the public.
XRP did not suffer so much as for example it happened with BTC or ETH. And we already can observe that XRP is strengthening its position. Now there is a +2,95% growth of XRP price towards USD.
So there is a chance that next 24 hours we can see the growth of 2-3% range with such a news released.
Xrpprice
XRP Price action - $0.55 level Make or Break Price has Pushed back to the $0.55 level where it has found lots of structure this week.
After initially hitting the 61`8 fib from the last little impulse leg, price has bounce from this level and broken out of the descending channel.
Price has come back now to retest the trend line,
If price respects this level I would want to see a nice break of the $0.60 level.
If price breaks the trendline to the down side I still feel there is a chance price oculd push to the $0.49 level



