- Bullish momentum could attack the previous high around $0.373 and extend the gains towards the coveted $0.4.
- The path of least resistance is to the upside according to the confluence detector tool.
The massive gains Ripple experienced yesterday saw it break above $0.33. The bullish wave in the market sent it above $0.370. The trend, however, turned bearish on failing to correct further towards $0.4. The market reversed the trend and XRP descended to lows around $0.3431. The correction was necessary for the continuation of the uptrend. XRP/USD is valued at $0.3645 after a 2.5% rise on the day.