Very simply, I've seen ascending triangles like this one pop before. The RSI is climbing, but not oversold, and XRP is still below $0.25, which was long-term resistance, and has been climbing back to that level in spurts since the drop to $0.18 or so. Expect a pop in less than two days. If it can run and close over $0.25, XRP may be poised for another long. However, until Ripple begins selling 100% of its' monthly escrow release, the price will be volatile, speculative, and any climb should be questioned.
Comentarios:
Wicked over $0.25, but the appearance of Lord Bart invalidates the trend. Unless the candle comes back up to close above the trendline, this one will have to be reevaluated.
Orden cancelada:
Forward momentum halted in conjunction with a Bart event. Climb above $0.25 will have to wait for BTC to drag it up or Ripple to make decisive advances with XRapid.
Comentarios:
Looks like it did eventually break out, but not before BTC pulled it down a bit.