Biggest XRP Bullish Signal Turns Out False: Details

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The recent move of XRP seemed to be a major bullish breakout as it made its first meaningful upswing since February. After forming for several months, the price momentarily broke above the upper bound of a symmetrical triangle pattern. This is usually a reliable indicator of an upward trend.Though many traders began to doubt XRP’s upside potential, this breakout was short-lived, as it soon dropped back below the upper range….

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