XRP analysis. Whats Next?
XRP has been in an upwards parallel channel for about a week on the 1 hour chart but has now fallen out of it. We tried to get past the strong resistance at the .258 mark and got just above it before been sent back down to the .255 area. We are now trying to hold support at the .255 Can XRP get back into the parallel channel and keep rising or is that channel now in valid? I am hoping to see some volume come in and push us up past the .258 level and back into the ascending parallel channel and get a nice move to the upside. What do you guys think?
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