DU09

XRP/USD - Approaching resistance at $0.65 can we pump beyond?

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BITSTAMP:XRPUSD   リップル/米ドル
XRP is quickly approaching the resistance at $0.65. This level has pushes us down 6 times so far, will it happen again?

Best to not gamble and have some sell orders around $0.65 area in case we get another rejection to support. If we manage to pass this resistance, then I see XRP pumping nicely to $1 which may bring some FOMO into this coin.

For now the indicators look very healthy and bullish with MACD and RSI moving higher nicely. Good.

If you are in a long position hold until we reach resistance and re-assess. A break of resistance with volume may provide a good long opportunity, but watch for fake-outs, XRP is famous for these.

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