Like I mentioned in my earlier analysis, it seemed like the RSI needed to cool off a little before Ripple could make another move. We had two days of consolidation now and created a nice bull pennant, which often results in continuation to the upside. A Long trade would have a pretty good Risk/Reward ratio right now. First target could be the next resistance level around 55000 Satoshis (8% gain), second one around 61500 Satoshis (20% gain). A Stop could be right under the pennant.
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