I never really post about Ripple, but considering the action lately, it seems like a good time to make an analysis.
We have had a flood of bull volume coming in lately when the announcements hit about xRapid and other partnerships with XRP. We've seen price action of over 50% in the last three days.
XRP blew passed the $0.28 resistance and now has topped out at the $0.37 mark.
We've seen a double top at this $0.37 resistance level, so now it will be up to the bulls to muster up the volume to break.
The rest of the markets haven't been as bullish, and I'm not sure if this news can pull a trend reverse counter to correlation.
Happy Friday!