Ripple (XRPUSD) charges higher again to set new 2020 high

Ripple is surging again right now. The price has just lifted to a new 2020 high at 0.5444 in recent trading. That means the move from early last week is almost 100%. The gains are certainly impressive but increasingly parabolic which does open the prospect of an equally sharp correction when it does eventually come. Guessing when that will unfold is not going to be easy. The move higher today takes the leading Alt coin another stop closed to the highs it reached back in 2018. That was set at around 0.7750 which means there may yet be more upside for Ripple in the short term. It is probably not worth trying to find many other technical levels ahead of that 0.7750 price. XRPUSD is now trading at 0.5375