Ripple is consolidating sideways, holding nicely above the white Kijun line.
The Kijun has been an important support/resistance level for some time.
As long as price holds above it, we may see a run at the current high. A close
below it, will likely take price lower towards previous highs 0.86-84 and
below that the Cloud. Comparing Ripple to other coins over the last days,
one gets the feeling it is just waiting to pop.
If we see a close above 1.10 it may trigger more upside. The 1.10 level has
acted resistance the last days.
The Kijun has been an important support/resistance level for some time.
As long as price holds above it, we may see a run at the current high. A close
below it, will likely take price lower towards previous highs 0.86-84 and
below that the Cloud. Comparing Ripple to other coins over the last days,
one gets the feeling it is just waiting to pop.
If we see a close above 1.10 it may trigger more upside. The 1.10 level has
acted resistance the last days.