bono_trade-avenue

XRPUSD 4 hour chart with a 2-3 weeks timeline

KRAKEN:XRPUSD   XRP
This is a Kraken 4 hour chart with 2-3 weeks timeline scenario. Granting current trend holds. We see ascending triangles with the Fib and price converge at the end of the 1st week to the beginning of the 2nd week of February. If resistance is broken this has a target price of $2 with an alternate scenario of $1.2 if resistance holds and we go back down. What do you guys think?

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