XRP - cup and handle pattern almost complete !
XRP could soon complete a giant 3 years + CUP & HANDLE formation.
At the moment we have touched base at 57 cents (going slightly below) which corresponded at the 3 years bear market resistance (now support).
The low side of the handle has been reached and we are rising to complete the upper side of the handle.
Once the 1 $ level is cleared we could see an explosive rise and it is not out of question that we will rise without even stopping at former resistance (2 $).
The implied target of the H&S pattern is around 20 $.
Interesting times lie ahead.
At the moment we have touched base at 57 cents (going slightly below) which corresponded at the 3 years bear market resistance (now support).
The low side of the handle has been reached and we are rising to complete the upper side of the handle.
Once the 1 $ level is cleared we could see an explosive rise and it is not out of question that we will rise without even stopping at former resistance (2 $).
The implied target of the H&S pattern is around 20 $.
Interesting times lie ahead.
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