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Less than three days after it was posted Ripple (XRPUSD) reached our target of $0.85 by marking a top at $0.865. Coming from $0.66 this corresponds to an additional 30% price performance. The $0.9 level is a major resistance to overcome and we should now expect to see some stabilization taking place below this level but if it breaks then $1.1 and $1.2 are the next significant supply levels. Any price retreat in the $0.7 area (the upper triangle boundary breakout level) should be good to buy. We will update in due time.

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