Ripple (XRP) Technical Analysis: Western Union “Reconsidering” XRP Viability

In general, there is a broad-based recovery in cryptocurrencies and that includes Ripple (XRP) coming at a time the company is dealing with three concurrent law suits. On the charts, prices are down three percent in the past day but still up 10 percent for the week. What we need for our XRP longs to be valid is a break above 55 cents and that will come to pass if this week ends up bullish in the process completing a three day bullish reversal pattern, the Morning Star.
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Vladi Zakino