Ripple's currency regains momentum strongly and signals a major bullish breakout
The price of Ripple (XRP) has risen to $3.20, recording an increase of 33% over the week. This rise was accompanied by breaking a historical resistance and forming a bullish pattern resembling previous movements that preceded strong increases.
The decline in the dollar index may push XRP towards levels of $6, especially with trading volumes rising to $11.5 billion and significant losses for short sellers.
Technical indicators suggest a near target of $3.77 if the momentum continues
