In September, I posted a chart with this symmetrical triangle, and it has remained on the radar for me. Take note, that Bitcoin built a triangle as well(similar spot as XRP here), as it came off it's low back in 2015! In order for this pattern to continue, I would say that my 'line in the sand' would be above the $0.61 cent mark, below that, and it could invalidate the triangle, but for now, it's looking real good!
I have held the opinion that XRP would NOT challenge it's ATH (+$3.40) until Feb/Mar 2022, but now I am re-thinking that opinion, and I'm considering more of a late Spring - out to May/June 2022, which is why I posted the date line tool. It could still happen sooner, but from a logical POV, this could make more sense!
Don't panic! Be patient!
Cheers!
I have held the opinion that XRP would NOT challenge it's ATH (+$3.40) until Feb/Mar 2022, but now I am re-thinking that opinion, and I'm considering more of a late Spring - out to May/June 2022, which is why I posted the date line tool. It could still happen sooner, but from a logical POV, this could make more sense!
Don't panic! Be patient!
Cheers!
Comment:
The Triangle from September 2021: