The chart is showing a clear bullish pattern that has begun from the retrace to sub 7000 level. It's all up from here. Don't mind the bull and bear traps along the way - there are there to corner the margin traders. Stay the course until at least 9500, then we will reassess the possibility of 11100 and above.
Nota
Watch for the .5450 resistance on XRP USD to be broken in the next hour in order for XRP BTC to shoot up
Nota
We are seeing a rally towards that .5450 resistance on XRP USD right now. Watch closely, if breaks - upward momentum is imminent. Open a position with a tight stop now, or wait until we break the resistance to open a safer position.
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