A huge ascending triangle on the 
XRP monthly chart. So far, the bottom side supported two times and the top resisted two times. So we still need to see a third touch on the top as well as one on the bottom so that the triangle establishes itself. And even if we do see those touches, we might never see this triangle break to the upside before September 2021, so that's a long term insight. Another thing is that XRP has seen volatile spikes and the top of the triangle might be difficult to place precisely. Let's see if the triangle keeps intact for the next three years.
XRP monthly chart. So far, the bottom side supported two times and the top resisted two times. So we still need to see a third touch on the top as well as one on the bottom so that the triangle establishes itself. And even if we do see those touches, we might never see this triangle break to the upside before September 2021, so that's a long term insight. Another thing is that XRP has seen volatile spikes and the top of the triangle might be difficult to place precisely. Let's see if the triangle keeps intact for the next three years. Order cancelled
Triangle broke. Was indeed a premature triangle.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.