Over the past three months alone, Xrp rallied about +550%, perfectly following the expected triangle continuation breakout. Since there is literally no resistance above the current levels, it is quite likely that Xrp will now rally all the way up to the psychological two digits.
Despite crypto and tech stocks dropping hard, Xrp remains above the clear breakout level and is not letting bears take over control. We still have to wait for the monthly candle closure before this will turn into a valid breakout but chances are that we will see new all time highs soon.
It is just incredible to see what can actually happen to cryptocurrencies if emotions dictate your trading behaviour but technicals are always playing out perfectly. Just a simple break and retest of the previous all time high on Xrp, now setting up for a major rally.
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