CoraxCap

XRP needs strong weekly close above $0.34

Long
KRAKEN:XRPUSD   XRP
On the weekly chart, we can all see that nothing has been stopping XRP the past few weeks. After a strong weekly close above $0.24 and recently $0.30, we can see that wights are being sent on higher levels. If this pair can get a strong weekly close above the $.34 level we should be able to continue this momentum higher over the next few weeks.

Something to take into consideration is that Coinbase just announced leverage trading for customers on their platform. This can help and hurt the momentum, but there should be more action coming into the market soon.
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