* XRP in 1H time frame forms a bullish pennant.
* Pennant are the trend continuation pattern where the price consolidates between two trend-lines for a period till it breaks the pattern depend on the trend. Pennants are similar to flag pattern.
* To continue the bullish rally XRP needs to break the upper trend-line.
* Pennant are the trend continuation pattern where the price consolidates between two trend-lines for a period till it breaks the pattern depend on the trend. Pennants are similar to flag pattern.
* To continue the bullish rally XRP needs to break the upper trend-line.
Note
Price didn't break the upper trend-line.
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Disclaimer
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.