Ripple’s Surging Momentum: Breakout and Potential Retrace Explained

XRPUSD Trading Update

We are keeping a close eye on XRPUSD for a potential buying opportunity around the 0.48050 zone. XRP had been following a downtrend but has now broken out of it. It is currently undergoing a correction phase and is nearing the retrace area at the 0.48050 support and resistance level.

Trade wisely,
Joe