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A move past the upper trendline would signal the end of the bull breather, potentially yielding a rally to record highs above ...
The maximum double bottom pattern height comes to be $0.25. Therefore, breaking above the neckline (near $0.75) could have XRP traders eye $1 as their next upside target.
However, it is essential to note that a megaphone pattern can also be bearish. Failure to break $180 may lead to a pullback toward the 100-day exponential moving average (EMA) at $161 or the ...
The chart also illustrates the formation of a rare cup-and-handle (CnH) pattern on the weekly chart. The pattern has taken shape over almost three years, dating back to October 2021.