XRPUSD looks ready to break out of 4hrchart ascending triangle

I give it no later than the 11th-12th of this month for xrp to finally break above this pattern 58-59 cents is the target here. Of course no bullish breakout has been confirmed yet meaning a fakeout resulting in a breakdown instead of up is still potentially in the cards. I will be waiting an obvious breakout one way or the other however probability currently favors the bulls slightly. *not financial advice*

Komentar:

target finally hit the triangle was just much longer than originally thought.