XRP has been forming this beautiful Ascending Triangle and getting ready to break out to the upside. This trade could take us to our target $1.16 If you were to open a trade, wait for the confirmation breakout with volume support! Always take some profit below the target.
"Ascending Triangle" The ascending triangle is a bullish formation that usually forms during an uptrend as a continuation pattern. Ascending triangles are a bullish formation that anticipates an upside breakout. Descending triangles are a bearish formation that anticipates a downside breakout.
Thank you, Traders, for taking your time to have a look at my Analysis. Have a fantastic day and a safe trading, all the Best! "Chance favors the prepared mind.” – Louis Pasteur
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Disclaimer! Information provided is not a financial advice, it is only educational purposes. You make your own choice!