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Ripple (XRPUSD) on the move again

11 Aug, 2021

It was noted here yesterday; that there was potential for Ripple (XRPUSD) to make further headway and possibly recapture levels above $1 again. That outlook came before the leading alt coin had lifted above its first minor Fibonacci retracement level at 0.8536. It later backed away from a high at 0.8573, but it has now rebounded again, to it highest level since the middle of June. Ripple has reached a session so far today at 0.8929 and is seemingly grinding its way to towards the noted objective at 1.0659. That is not to say it will get there of course, but it is certainly in the process of trying to achieve that. The range today has been set at 0.8410 to 0.8929 and it is currently trading at 0.8895

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