Ripple XRP continues to find buyers this morning on market open, this could be the breakout of the wedge today on news last week that it was not illegal for exchanges to hold Ripple. Looking at how ADA reacted when it was listed on Coinbase I am planning to look at putting in trailing stops again eying $0.74 which seems to be a natural high.
I should think the main moves will be later in the day but if some exchanges make a decision today to re-list Ripple we could see sky-high moves but they could be fast followed by a pullback of 50% in the usual market fashion.
Horses at the gates, the SEC seem to be faltering even more and I would not be surprised if in the next month we have them retreating from trying or even making a deal with the founders of the crypto.
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