All the previous established support and resistance levels made no sense to XRP while moving down one full fortnight and bouncing back..From what I see is XRP follows the support and resistance created on runtime and moves completely in respect to the graph patterns created.. Hence I have marked certain support and resistance levels..
If you could check the red support level isn't been broken but slightly touched once creating it a strong support.. the think green line creates a huge resistance level as of now which is near to the $1.2 mark and a light dashed blue line is a minor resistance being created which shall be broken soon..
My call... on a short term perspective go sideways until the dashed line is crossed and once it is done then go LONG!
