After the dive down from blue sky highs XRP had struggled to keep momentum but is now looking more bullish
, as it has broken over its downtrendline while BTC
has not. 26 period EMA
acting as support right now, the bulls need to hold that as we complete consolidation from the huge peak yesterday. An uptrend on the RSI
suggests that this move upward cannot be held for very long, so look for a decrease in bullish
activity over the next few days. The trendline
support is my target for that move back.