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The weekend Ripple (XRPUSD) pump continues

01 Feb, 2021

Following on from an update sent out here yesterday, Ripple (XRPUSD) has made further progress overnight. The price rose to almost touch $0.60. The high set around one hour ago reached 0.5997. It has backed off a little since then, but under the current circumstances it could just as easily make further progress. The recent dynamic, that has been repeatedly covered here has clearly now changed dramatically.  The weekend Reddit inspired pump is clearly still in play and that could easily see it rise closer to the previous interim high at 0.6585. Beyond that level is further resistance at 0.6812. After those levels it is only the November 24 high at 0.7825 that will stand in the way of a potential move back, towards or even above $1. Of course this all remains to be seen as the news flow could easily change again, but for now the upside is clearly the weaker side. XRPUSD is currently trading at 0.5880

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