FX.co ★ XRPUSD maintains bullish momentum.

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.