XRP
Long

$94 XRP? 7 Year Massive Triangle for $BITSTAMP:XRPUSD

By crypto477
XRPUSD This enormous symmetrical triangle pattern has been slowly forming almost 7 years.


So far, the bottom ascending trend line has had a number of touch points and has consistently acted as a support level.

No guarantees, but if the breaks the top descending resistance line which is shown gets broken we could see gains of >1000% very quickly.

The actual target for this pattern would be something like $94 / XRP but given how high the market cap would have to be and the current macro environment I can't really see that happening.
Chart PatternsTrend Analysis
crypto477

Disclaimer