Arc has expanded and a channel is now present. We should know soon if the arc is valid.
BTC and ETH continue to coil under a resistance zone. This chart will likely evolve as a result of the other two playing out.
Over a period of roughly 30 hours, XRP shot up from US $0.95 to $1.45. It has since bumped up again that resistance several times and appears to have begun to roll over. This action has resulted in the appearance of an inverted arc, with 3 touches on the arc so far.
If this were to play out, the target on the downside would be just below $1.00. However, given...
The arc seems to have taken over the broadening wedge, as the price has re-tested the bottom of the arc on several occasions without re-testing the bottom of the wedge as recently. If the pattern holds (and I'm very certain it will) We should see XRP at $2 in the next few days.