Unprecedented Ascending Channel
The recent price action of XRP-USD is very interesting.
I have been following this trading pair for several years and couldn't recall or find a time period where XRP-USD appreciated at this angle of growth.
Throughout it's XRP-USD's history it has a track record of moving sideways or going completely vertical.
If the asset continues to move within this channel we may very well see a $1 XRP on Feb 22nd which is also the date of the Ripple lawsuit Pre-Trial Hearing!
If anyone can find another point in time where XRP has moved in a similar fashion, I would appreciate if you can drop it in the comments below!
*Not Financial Advice* just found this chart interesting!
I have been following this trading pair for several years and couldn't recall or find a time period where XRP-USD appreciated at this angle of growth.
Throughout it's XRP-USD's history it has a track record of moving sideways or going completely vertical.
If the asset continues to move within this channel we may very well see a $1 XRP on Feb 22nd which is also the date of the Ripple lawsuit Pre-Trial Hearing!
If anyone can find another point in time where XRP has moved in a similar fashion, I would appreciate if you can drop it in the comments below!
*Not Financial Advice* just found this chart interesting!
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