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Ripple: Descending Triangle

XRP/USD, 1 hour    LONG Oct 1
It seems like a descending triangle has been identified and the price lacks a bit more consolidation for clear breakout confirmation. A descending triangle describes a bullish price indicator that is used to signal that prices are likely to keep rallying upward in case if price breaks through the resistance. XRP/USD to maintain its positive tone towards the 0.519 mark as the cryptocurrency nears 0.518 hurdle.
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