There are 2 chart patterns coinciding on the XRP/BTC chart for the monthly time frame.
Pattern #1: Falling Wedge pattern with a target of 0.00010612 Target = 398% Increase
Pattern #2: Double Bottom pattern with target of 0.00007199 Target = 269% Increase
Note: This is very reliable trade since it's the monthly TF, but it could also take very long to play out. Expect XRP to catch up to Bitcoin in the coming weeks or months!
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.