CoinPattern

Cup and Handle Pattern XRPBTC de-coupling about to accelerate!

BITFINEX:XRPBTC   XRP / Bitcoin
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Although XRP has lost ground versus the USD this week. Where it matters most is XRP/ Bitcoin . A crude Cup and Handle pattern has been forming since May and looks likely to break out above 0.000104418 confirming the de-coupling. In the short term, XRP and Bitcoin both may continue to lose ground against the USD due to the ongoing mining war between Bitcoin and Bitcoin Cash as technicals begin to breakdown. But this pattern is key to holding XRP as more and more liquidity shifts from Bitcoin to XRP.

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