Ripple is breaking out of its short-term consolidation pattern, and after our short-term buy recommendation yesterday, it is trading near the historic $1 level, being up by almost 400% in two weeks, while the coin gained around 30% just today.

The digital currency that has been correcting for over 6-month after its meteoric rise in May finally broke out, riding the euphoric wave of buying in the segment two weeks ago. At that time, it was the only major on a long-term buy signal in our trend model, that turned to a sell signal on December 15th, after the coin quadrupled in value.