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XRP (CRYPTO: XRP) is testing a key breakout zone as two technical patterns converge at the same trigger point, setting up a potential move to $1.70 if price breaks above $1.47.
The 4H Cup And Handle
The 4H chart shows a perfect cup and handle formed from March 21 to present.
The cup scoops from $1.42 down to the $1.28 lows in early April and curves back up. The handle is consolidating right at the $1.45 neckline.
The measured move from this cup projects directly to $1.70. Current price at $1.4519 is sitting on the neckline trigger. A 4H close above $1.46 with volume activates this pattern.
The Daily Ascending Triangle
The ascending triangle that has been building since February’s lows is…
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