XRPBTC inside a Long-Term Bottom Triangle Pattern

XRPBTC

I am forwarding this idea from Mr. Whale; I am not taking any credit for this one. But I wanted to share it with you.

twitter.com/cryptowh...229804609536/photo/1

As you can see, the XRPBTC pair has been in a Long-Term Bottom Triangle Pattern for almost 8.5 months. The last time XRPBTC was inside a similar Long-Term Bottom Triable Pattern it had an explosive upside move once it broke out it. Climbing about 48 to 1 in terms of BTC, and a lot more in terms of USD, about 96 to 1, in a period of about 70 days since the lows.

It is also worth noticing that the last Long-Term Bottom Triangle Pattern took about 16 months to form, more than the 8.5 months that this one has last already, but it does not need to last the same time, it could be less. Either way, a massive explosive upside-move followed. And I am expecting this time the same thing once we break out of our current Long-Term Bottom Triangle Pattern.

To have a definite break of the current Long-Term Bottom Triangle Pattern, XRPBTC will need to go above 0.000034 BTC, the previous high, about a 26% rise from the current price in terms of BTC. The Triangle Top is about 0.000038 BTC, we will need to go above that level as well. But once we do it, it is all for the races.

The price target will be the previous highs at about 0.00024 BTC.

Let us hope for the best.

Good Luck to You