We have been bullish on XRPUSDT for a long while... Ever since the bullish bias was fully confirmed we stopped sharing updates and focused on the smaller Altcoins as it was just too obvious that we are entering a phase of higher highs and higher lows.
XRPUSDT peaked 23-January. 3-March a higher low was hit on a DragonFly Doji that activated the 0.618 Fib. retracement level.
This is the golden ratio of the Fibonacci sequence and a most important level for Cryptocurrency as a whole.
Each time this level is hit in a bull market, we can expect corrections to end, here this is likely the case.
Today's candle is pushing XRPUSDT above EMA10, EMA50, EMA100 and MA200.
The MACD is showing a bullish cross and the RSI has gone bullish.
All these signals are pointing to higher prices.
From 23-Jan. to 3-Mar. is also a long time for a correction after the initial breakout takes place.
We have many signals supporting the bulls.
It is what it is...
We go up, retrace/correct for a few weeks, then higher it goes. Rinse and repeat for years to come.