XRPBTC
As you can see in the chart above, XRP had a huge upside move last week with decent volume, climbing more than twice in price, and in some point more than three to one. And has been consolidating sideways this week, keeping most of the recent gains.
XRP, as you can see in the chart, is the kind of token that spends almost all the time consolidating, yet has some brief huge pumps that last between 4 to 8 weeks, where prices usually climb more than 10 to 1. And by looking at the chart it is obvious that such a move has already started.
Another interesting thing is that we just had a MACD weekly buy signal, which in the past had preceded such pumps.
Lastly, it looks like it is forming a Cup and Handle Pattern, www.freeonlinetradin.../cup-and-handle.html , which would give us a price target of about 0.00048 BTC if it develops, which would be about 6 to 1 in terms of Bitcoin Satochis.
I know that there is a big news coming this week on the resolution of the VanEck Bitcoin ETF by the SEC, which will certainly impact the price of Bitcoin and probably XRP in a big way, so that is obviously a concern and a loose cannon. But if things go well, this one should be one of the first to run up along with Bitcoin.
Good luck in your decisions
Good luck in your decisions.