XRP loves to create giant patterns, mostly when a giant pattern breaks out we see some huge moves.
Currently we are forming a giant triangle and this after an upward movement. There is not much room left in this triangle so we should see a breakout soon.
Will this breakout come together with the outcome of the lawsuit against RIPPLE? probably yes
Beside this we can also see a cup and handle formation with a failed attempt to break the highs and we now formed the triangle.
IF we break this triangle bullish, i believe we can hit a target between 3 and 5 dollar. When FOMO then kicks in i don't know how high XRP can go. When the US exchanges will re-list XRP it can get wild.
XRP is once of the coins to keep an eye on in the future.
Currently we are forming a giant triangle and this after an upward movement. There is not much room left in this triangle so we should see a breakout soon.
Will this breakout come together with the outcome of the lawsuit against RIPPLE? probably yes
Beside this we can also see a cup and handle formation with a failed attempt to break the highs and we now formed the triangle.
IF we break this triangle bullish, i believe we can hit a target between 3 and 5 dollar. When FOMO then kicks in i don't know how high XRP can go. When the US exchanges will re-list XRP it can get wild.
XRP is once of the coins to keep an eye on in the future.