coingape.com
- XRP has been downtrending for over a week
- Price has been held by $1.03 support
- Indicators show a breakout is soon
XRP rose 300% since the start of April. After being stuck under 1$ for nearly 3 years, thanks to the SEC lawsuit, XRP managed to breakout and set a three year high. This bullish impulse was not held up well as BTC started downtrending a few days after XRP hit its high of $1.95. XRP needs to break above its price channel to be considered bullish again.