Can one expect a false breakout from the current growth?

XRP is also showing good price dynamics at the current growth which is quite unusual as the coin usually starts trading sideways when the market becomes bullish.

XRP has neglected the support at $0.19 and continued its slight rise. Applying the Fibonacci retracement on the daily chart, it is crucial to observe how the coin approached the 61.8% level ($0.2127). That the first obstacle on the way of bulls to retest previous heights. In case buyers manage to break this level, there are all chances that XRP might reach new local peaks.