XRP managed to break the previous consolidation phase over the weekend as it penetrated above a symmetrical triangle pattern. The coin continued to climb after breaking to close the daily candle at $0.5 yesterday. Today, XRP started the day by rising 50% to reach as high as $0.77, in what is suspected to be an organized pump. However, because of that reason, the dump wasn't late to come. XRP quickly came back down and eventually plummeted beneath the daily opening price of $0.5, recording a low of 35 cents an hour ago. As of writing these lines, the coin bounced slightly towards $0.4 (.618 Fib). Looking ahead, the first resistance lies at $0.40. This is followed by $0.45, $0.5, and $0.56 (2019 High). Further above lies $0.571 (1.272 Fib Extension), $0.609 (1.414 Fib Extension), and $0.75 (today's high). On the other side, the first support lies at $0.35 (Feb 2020 High, today's low). This is followed by $0.319 (.786 Fib & 200-days EMA), $0.3, and $0.24. The daily RSI has dropped from extremely overbought conditions as the bullish momentum faded away. Against Bitcoin, XRP had also seen a pump and dump scheme. It was trading in a narrow range for most of January between 670 SAT support and 867 SAT resistance. This range was penetrated over the weekend as XRP headed into 1500 SAT. Today, XRP began the day by surging higher from 1500 SAT as it broke above the 200-day EMA at 1900 SAT to reach as high as 2200 SAT. There, XRP quickly retraced as it dropped beneath today's opening price.