XRPUSD is trading close to $0.90. Short-term trend remains bullish. Price is making higher highs and higher lows after breaking out of the trading range it was in. Upside target remains close to $1.05-$1 area.
Blue line- short-term resistance (broken)
Yellow rectangle- target
Green line - support
Black lines -Fibonacci retracement
The yellow rectangle area around $1-$1.05 is our target because there we find both the red downward sloping resistance trend line and the 61.8% Fibonacci retracement of the entire decline from 1.3477 high. I believe there are increased chances of seeing XRPUSD touching that area before making a pull back.
