Ripple reclaims $1 again

Ripple has just lurched higher in recent trade. The leading alt coin has just charged above $1 again. Earlier it was struggling to get back above $0.90. The price had fallen to as low as 0.7945 on Saturday, so it has now already risen by more than 25% since that weekend low which makes it the best performing coin amongst the leaders since last week. The move higher this morning has been assisted by some further upside for Bitcoin and Ether. Technically speaking, the rebound back above the 100 day moving average (now at 0.9511) may have tripped some stops, or fresh system based buying. The next level of note is now at around $1.07 and if it can get above there then that could open some further upside momentum. The high set so far has been at 1.0118. The move higher since the weekend has come amid some analyst reports calling for an explosive upside move to unfold