XRP broke out of a bullish continuation pattern following Ripple's court win to seal documents in the SEC case.
XRP (XRP) looks poised to rise 60% in the coming days after breaking out of its prevailing symmetrical triangle pattern.
The upside outlook aligns with a series of developments in Ripple’s ongoing legal battle with the US Securities and Exchange Commission (SEC).
Symmetrical triangles are considered bullish continuation patterns when the price breaks above their upper trendlines with a rise in trading volumes. That appears to be the case with XRP, which on Jan. 11 entered the breakout stage of its triangle pattern.
