went through is similar to a textbook definition of an uptrend: assets go through a volatile price increase, enter consolidation in the form of patterns or rangebounds, and then form another"leg" upward.
Thankfully, it did not take XRP too long to continue its movement upward, and the asset successfully calmed down in less than three weeks. According to ascending volume profiles, we will see the continuation of the rally in the foreseeable future. However, it is important to note that XRP is highly dependent on the general market sentiment and will most likely tumble down if Bitcoin and other assets face significant selling pressure all of a sudden.
Thankfully, in the last few days, Ether has been showing some positivity, gaining over 5% to its value and reaching the first significant resistance level on the chart. The next target for ETH should be around $1,500, as this price level would be the next stop for the asset if it successfully breaks the 50-day moving average resistance level that acts as a barrier ahead of its uptrend entry.
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