Because of the high level of manipulation in this market, this is the pattern I see unfolding with XRP with regards to this Bullish pennant formation, on the 4 hr chart. We will most likely get a break out to the upside but obviously don't freak out when we see a long squeeze with a false break-out to the downside. Whales have an objective to shakeout as many weak hands as possible since investors in XRP are very hard to budge since they are such vehement believers in the fundamentals of Ripples business strategy.
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