This is what Brandt wrote about this pattern back in May 2015:

The compound fulcrum is an extremely rare pattern. In fact, if a chartist diagnoses this pattern more than once every few years, then it is being overdiagnosed.

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According to data by CryptoCompare, XRP-USD is currently (as of 07:10 UTC on April 10) trading around $1.093, up 6.53% in the past 24-hour period.

One-Month XRP-USD Chart by CryptoCompare

 

Featured Image by “vjkombajn” via Pixabay.com

The views and opinions expressed by the author, or any people mentioned in this article, are for informational purposes only, and they do not constitute financial, investment, or other advice. Investing in or trading cryptoassets comes with a risk of financial loss.

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