Currently, on 4 hour chart. xrp/btc is already broke it's latest up trend line and i supposed if this symmetrical triangle do work and the price action cannot go back above the previous up trendline soon. I think it would be bad for xrp/btc price.
Indicators:
DMI is looking bearish as dmi-(red line) is above dmi+(green line) DMX (blue line) is still have much momentum left atleast for which ever trend is currently dominating.
MACD is will shifting it's histogram into seller volume and the macdline will soon crossover with signal line. create a bearish signal.
Volume MA is decreasing while it's prepare for a major break up or down in near future. Calm before the storm.
This symmetrical triangle would be invalidated if the price action cant follow it's pattern by sideways for prolonged time.
please take this idea as a grain of salt as reality always differ from what i expect as this post merely just an opinion.
and please feel free to share what your thought on comment section.
peace.