XRP’s Symmetrical Triangle Hints of a Breakout Past $0.80

[Shahinaz]

From around the 28th of November, the remittance coin of XRP has been consolidating around the $0.60 price area. As a result, a symmetrical triangle has formed on the 6-hour chart that has its genesis at the recent peak value of $0.80 – BitStamp rate. The screenshot below, courtesy of Tradingview, further demonstrates this fact.



Also from the chart above, the following can be observed.

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