Emerging Channel Up pattern in its final wave was identified on the XRPUSD 4 hour chart. After a strong bullish run, we find XRPUSD heading towards the upper triangle line with a possible resistance at 2.4002. If the resistance shows to hold, the Channel Up pattern suggests a rebound back towards current levels.
XRPUSD is approaching a resistance line of a Channel Up. It has touched this line numerous times in the last 16 days.
