TitoKnowsBest

XRP on the right path for new ATH's

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BINANCE:XRPUSD   Ripple
Nice setup on the XRP chart, we have already broken above the major 0.5 Fib, and are now looking to establish some support on the 4H here, when we do this, this will set us up to go higher, in the rectangular white box is where the major resistance is and also where the danger can happen, this is where it will be turbulent area for XRP, if we ca clear the 0.786 Fib and close above on a 12H candle with some good conviction, then this will be very bullish for XRP and it should indicate that we will likely go much higher, as the FOMO will also kick in at this point. As the rest of the market seems very bullish, and we have coins like Cardano ADA who seem to be leading the way, it is a very positive sign for th e rest of the Alt coin market. The XRP.Dominance chart also shows a very interesting pattern, we hit the ATL and now we bounced from it, indicating that again XRP is showing positive strength. As long as BTC continues to also stay bullish all while the BTC Dominance is slowly falling, this is even more bullish for XRP and the rest of the alt coins.

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