XRP
Long

Ripple XRP/USD already chasing $0.30

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The XRP/USD pair is now 28 percent up since January 26 when it broke the downtrend at $0.218. As of the time of writing, the coin is trading at $0.281, just a step away from the psychological level of $0.30.

XRP formed 5 consecutive green candles of the daily chart and is now targeting $30, but not before stabilizing above $0.28. This level proofed to be a solid resistance multiple times in the past already.
Keeping an eye on the zone around $0.28 to ensure we have a proper consolidation. Still, it looks like XRP will pause for a price correction and profit-taking activities before gearing up again for an attack of the $0.30 line.

Trading volumes skyrocketed from $1.7 billion on Sunday, February 2 to $2.8 billion on Monday. This was followed by a drop to sub-$2 billion levels on Tuesday and again an increase, this time to $3.38 billion on Wednesday, February 5. In the early hours of trading on Thursday, 24-hour volumes are hovering around $2.8 billion.

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