The 6800 zone (shown in red) is crucial right now. if we get rejected again we could go back down. I am leaning bearish because of RSI and MACD.
Long targets (highest to lowest): 6500, 6450, 6200, 5800
For the past year, we have been seeing XRP form an ascending triangle pattern. I am expecting a large uptrend once it retests it's lower support line. The last rally lasted about a month, so we could see that kind of time frame for this one also.
On the shorter term, we could see XRP breaking out of this channel and...