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2018-04-17_XRPUSD-UT4H

Ripple (Kraken: XRPUSD) brushed off our previous $0.72 target by making a top at $0.708. The Ripple price in US Dollar is now consolidating the previous advance from the $0.5 level within a contracting triangle. We expect the price action to resolve with a break to the upside. A clear signal that another leg up has started will be given if the XRPUSD price breaks the $0.70 level. From there the next significant resistance level sits at $0.85.

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