Falling Wedge Breakout Attempt
XRP 3-day chart is attempting a breakout of its falling wedge on the 3-day chart here. The next candle close is approx 24 hours from now, and if it closes above the wedge we'll have confirmation.
If confirmed, measured targets put us near the same area of our previous ATH, or above it. If that occurs, two possibilities:
1.) a double-top with either a slightly higher or slightly lower high, or..
2.) we see a run to a new ATH if it doesn't get stopped near previous highs.
If confirmed, measured targets put us near the same area of our previous ATH, or above it. If that occurs, two possibilities:
1.) a double-top with either a slightly higher or slightly lower high, or..
2.) we see a run to a new ATH if it doesn't get stopped near previous highs.
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