Quick update!
So far so good! Once Bitcoin's price broke above the neckline, it formed a consolidation triangle before rising to a new high. Will XRP continue to follow suit? We shall see! Whether XRP's price performs a consolidation triangle or not is somewhat irrelevant to me, what is relevant is that XRP's price remains above it's neckline...that is MOST important. Afterall, XRP could easily create a rectangular pattern that continues to use the neckline as support, before breaking out to a higher plateau!
Cheers!
So far so good! Once Bitcoin's price broke above the neckline, it formed a consolidation triangle before rising to a new high. Will XRP continue to follow suit? We shall see! Whether XRP's price performs a consolidation triangle or not is somewhat irrelevant to me, what is relevant is that XRP's price remains above it's neckline...that is MOST important. Afterall, XRP could easily create a rectangular pattern that continues to use the neckline as support, before breaking out to a higher plateau!
Cheers!